Bhalkeshwar Sugars Limited

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

Business: sugar and ethanol manufacturing; factory in Bidar District, Karnataka (registered office Village Bojolga, Taluk Bhalki).

Sector Food & Agro Bench NCLT Bengaluru Last process activity 3 months ago · Form G EoI deadline

Case record

at a glance

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

In the insolvency process for

1 yr

This case

NCLT Bengaluru 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 = 161 / 4,609). Pre-packs left out.

The company

Public limited company in Food & Agro, registered in Karnataka

Admitted claims

₹500–2,000 Cr

Where the process stands

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

How cases like this ended

Food & Agro · 540 closed

Resolved 24% · Liquidation 49% · Withdrawn or closed 27%

NCLT Bengaluru · 256 closed

Resolved 18% · Liquidation 52% · Withdrawn or closed 30%

Resolved cases in this sector: creditors' typical haircut 75.2% n=127

Liquidations in this sector: typical recovery 8.2% of claims n=67

Subscriber access

This page's financial detail is available to merc.in subscribers — for ARCs, PE funds and resolution professionals.

6 sections of this case are locked.

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

See plans →

report an error