The settlements desk six rows here · the full register for members
Find the comparable exit
Narrow by how long it took, whether the estate was put to market, the route as recorded, sector, bench, year or registry status; the benchmark line recomputes for the selection and every row opens to the order, the petition and what came after.
Benchmark
Too few cases in this selection for its own benchmark (n=3, guard is 30). The national medians in the tiles and cards above apply.
Showing 3 of 3 withdrawals, newest first
Time in process = admission → withdrawal · route quoted, not translated
Corporate debtor
Who filedpetitioner, as filed
Route, as recordedthe case row or the order, verbatim
Since thenregistry status · later orders
Professional
Explore
Jun 20225 d in process
Hero Solar Energy Private Limited
Withdrawn (NCLAT Settlement)
§The settlement
- Admitted to CIRP
- 27 May 2022
- Withdrawn
- 1 Jun 2022
- Time in process
- 5 days, admission to withdrawal · 2 mo faster than the sector median (3 mo)
- Route text
- CIRP TERMINATED
◷Who filed · what was owed
- Who filed
- Hero Solar Energy Private Limited
⇢Since then
- Orders after the withdrawal
- 2 · latest Apr 2026 · dismissed
- Latest order after the withdrawal
- 17 Apr 2026 · NCLAT · Others order ↗
All recorded fields · 1 more
Aug 20211y 6mo in process
Utsav Securities Pvt. Ltd.
Admission set aside (NCLAT)
MCA: Converted to LLP
§The settlement
- Admitted to CIRP
- 30 Jan 2020
- Withdrawn
- 3 Aug 2021
- Time in process
- 1y 6mo · 551 days, admission to withdrawal · 15 mo slower than the sector median (3 mo)
- Route text
- SET ASIDE
◷Who filed · what was owed
- Who filed
- Utsav Securities Pvt. Ltd.
⇢Since then
- MCA status
- Converted to LLP (as on 12 Jun 2026)
- Orders after the withdrawal
- 1 · latest Dec 2022
- Latest order after the withdrawal
- 8 Dec 2022 · NCLT · Others order ↗
All recorded fields · 1 more
Jun 201926 d in process
Witmans Industries Pvt. Ltd.
Admission recalled (NCLT)
MCA: Under Liquidation
§The settlement
- Admitted to CIRP
- 31 May 2019
- Withdrawn
- 26 Jun 2019
- Time in process
- 26 days, admission to withdrawal · 55 d faster than the sector median (3 mo)
- Route text
- Withdrawn
- Put to market
- 2 Form G rounds before the withdrawal
◷Who filed · what was owed
- Who filed
- Witmans Industries Pvt. Ltd.
⇢Since then
- MCA status
- Under Liquidation (as on 12 Jun 2026)
- Orders after the withdrawal
- 2 · latest Sep 2023 · admission, liquidation
- Latest order after the withdrawal
- 11 Sep 2023 · CINPAGE · liquidation · Liquidation order ↗
- Re-admitted
- 4 Oct 2021 (IBBI process record)
All recorded fields · 2 more
MembersThe comparables behind every exit — how fast settlements come, who settles and with whom, what happened after, and the settlement clock by year, sector, bench and claim size.See plans →Sign in
The freshest exits from NCLT orders to 25 Sep 2026
Withdrawn since 30 Jun 2026 — 8 companies
The settlements the NCLT allowed after IBBI's cut-off, weeks before they reach a published table: the order date and the bench.
Corporate debtor
Withdrawal order
NCLT bench
20 Aug 2026
NCLT Chandigarh
31 Jul 2026
NCLT Bengaluru
Members2 more withdrawals since 30 Jun 2026, each with who filed, whether the estate went to market and the professional — on Pipeline and the Full Investor Desk.See plans →Sign in
Every terminal state has a re-entry path three independent signals, named on each row
Back in the process — 58 settlements that did not hold
A withdrawal is not a verdict, and it is not always the end. These companies were admitted to a fresh insolvency after the tribunal allowed their petition to be withdrawn — the smallest and least published dataset on this page, and the one a creditor weighing a settlement should read first.
1
Settled and withdrawn Nov 2024 after 5 mo in process; back under insolvency Sep 2026, 1y 10mo later.
18 Sep 2026A second CIRP round on this CIN · a later commencement on the IBBI process record · an NCLT admission order after the withdrawal
2
Settled and withdrawn Mar 2022 after 2 mo in process; back under insolvency Jul 2026, 4y 4mo later.
30 Jul 2026A second CIRP round on this CIN · a later commencement on the IBBI process record · an NCLT admission order after the withdrawal
3
Settled and withdrawn Mar 2025 after 11 mo in process; back under insolvency Jul 2026, 16 mo later.
7 Jul 2026A second CIRP round on this CIN · a later commencement on the IBBI process record · an NCLT admission order after the withdrawal
4
Settled and withdrawn Oct 2023 after 3 mo in process; back under insolvency Jun 2026, 2y 7mo later.
30 Jun 2026A second CIRP round on this CIN · a later commencement on the IBBI process record · an NCLT admission order after the withdrawal
5
Settled and withdrawn May 2024 after 9 mo in process; back under insolvency Apr 2025, 10 mo later.
3 Apr 2025A second CIRP round on this CIN · a later commencement on the IBBI process record
6
Settled and withdrawn Mar 2022 after 4 mo in process; back under insolvency Jan 2025, 2y 10mo later.
30 Jan 2025A second CIRP round on this CIN · a later commencement on the IBBI process record · an NCLT admission order after the withdrawal
Members52 more companies back in the process after a withdrawal, each with the signal that shows it — on Pipeline and the Full Investor Desk.See plans →Sign in
Our count, their count, the difference stated
How the withdrawals on this record reconcile to IBBI's published cumulative, and why the two populations are not the same shape.
1,333IBBI's Section 12A withdrawals as at 30 Jun 2026
1,495Ours, like-for-like to the same cut-off
+162Difference, documented case by case
15%of IBBI's 9,166 admissions ended in a 12A withdrawal — about one in seven
How the two counts reconcile
Our count is in the tiles above; the 8 withdrawals dated after IBBI's cut-off (the register above) come out of it to give the like-for-like figure. The two populations are not the same shape: IBBI counts Section 12A withdrawals, while this record counts every admission that ended in a withdrawal or closure order, whatever the order calls it.
Route as recorded, over the whole record: 469 say Section 12A on the case row or the order · 802 say withdrawn with no section named · 150 are closed per IBBI's remark (12A / appeal / review / settlement — a category, not a finding) or say closure · the cases set aside, recalled or settled on appeal are counted at the top of the page · 1 carry no remark. “Section 12A” is printed only where the source says so.
The latest withdrawal on this record is dated 7 Sep 2026 while the order feed runs to 25 Sep 2026 — withdrawal orders after that date are in the feed and not yet graded, so the count is a floor.