Abhijeet Infrastructure Limited

Corporate insolvency resolution — proceedings ongoing · source: IBBI public notice inviting Expression of Interest (EoI)

Business: stated as retail trade of new goods in specialized stores; borrowed for a DRI and captive power plant and coal mine development project at Saraikela Kharswan, Jharkhand.

Sector Steel & Metals Bench NCLT Cuttack Last process activity 7 months ago · claims re-verified

Case record

at a glance

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

In the insolvency process for

1 yr 8 mo

This case

NCLT Cuttack median · 1 yr 5 mo

All India median · 1 yr 3 mo

Medians: time from admission to a plan or a liquidation order, over closed cases (n = 46 / 4,617). Pre-packs left out.

The company

Public limited company in Steel & Metals, registered in West Bengal

Admitted claims

Over ₹2,000 Cr

Where the process stands

Admitted→Public announcement→Claims collected→Expression of Interest invited→Resolution plan or liquidation

How cases like this ended

Steel & Metals · 281 closed

Resolved 60% · Liquidation 30% · Withdrawn or closed 9%

NCLT Cuttack · 78 closed

Resolved 21% · Liquidation 41% · Withdrawn or closed 38%

Resolved cases in this sector: creditors' typical haircut 82.0% n=165

Liquidations in this sector: typical recovery 3.8% of claims n=65

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7 sections of this case are locked.

Admitted claims & creditor classesCommittee of creditorsFinancialsCompany & MCA recordTimeline & key dates · 1 tribunal orderProfessionalsIntelligence note

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