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Home/ Cases/ Other Services/ AB Garments Impex LLP
● Under CIRP

AB Garments Impex LLP

Corporate insolvency resolution — proceedings ongoing · source: IBBI register

Sector Other Services Bench NCLT Kolkata Last process activity 4.9 years ago · claims re-verified

Claims — past the ninety-day period. The ninety days from admission that regulation 12 allows ended 6.6 years ago. A claim filed now must state its reasons for the delay, and it is for the resolution professional to accept or reject it. How claims are filed →

Case record

at a glance

Admitted by the Kolkata bench. Current status: Under CIRP.

In the insolvency process for
6 yr 10 mo
This case
NCLT Kolkata median · 1 yr 1 mo
All India median · 1 yr 3 mo
Medians: time from admission to a plan or a liquidation order, over closed cases (n = 515 / 4,609). Pre-packs left out.
The company
Limited liability partnership in Other Services, registered in West Bengal
Admitted claims
Under ₹10 Cr
Where the process stands
Admitted→Claims collected→Resolution plan or liquidation
How cases like this ended
Other Services · 1,227 closed
Resolved 14% · Liquidation 48% · Withdrawn or closed 38%
NCLT Kolkata · 756 closed
Resolved 24% · Liquidation 47% · Withdrawn or closed 29%
Resolved cases in this sector: creditors' typical haircut 78.7% n=163
Liquidations in this sector: typical recovery 0.7% of claims n=127
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Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 1 tribunal orderProfessionalsIntelligence note
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