Admitted by the Kochi bench. Current status: Under CIRP.
In the insolvency process for
11 mo
This case
NCLT Kochi 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 = 69 / 4,616). Pre-packs left out.
The company
Private limited company in Hospitality & Leisure, registered in Kerala
Admitted claims
₹100–500 Cr
Where the process stands
Admitted→Public announcement→Claims collected→Expression of Interest invited→Resolution plan or liquidation
How cases like this ended
Hospitality & Leisure · 71 closed
Resolved 61% · Liquidation 23% · Withdrawn or closed 17%
NCLT Kochi · 91 closed
Resolved 22% · Liquidation 56% · Withdrawn or closed 22%
Resolved cases in this sector: creditors' typical haircut 69.3% n=41