Case record
Admitted by the Chandigarh bench on a petition by a financial creditor. Current status: Resolved.
Admission to plan approval
8 mo
Medians: time from admission to plan approval, over closed cases (n = 78 / 1,536). Pre-packs left out.
The company
Public limited company in Machinery & Equipment, registered in Himachal Pradesh
Admitted claims
₹100–500 Cr
Where the process stands
Admitted→Resolution plan approved
How cases like this ended
Machinery & Equipment · 403 closed
Resolved 10% · Liquidation 56% · Withdrawn or closed 34%
NCLT Chandigarh · 311 closed
Resolved 25% · Liquidation 43% · Withdrawn or closed 32%
Resolved cases in this sector: creditors' typical haircut 79.4% n=38
Liquidations in this sector: typical recovery 2.9% of claims n=38
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Admitted claims & creditor classesRecovery, haircut & plan valueCommittee of creditorsFinancialsCompany & MCA recordTimeline & key dates · 2 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note
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