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Home/ Cases/ Other Manufacturing/ Bilcare Limited
Withdrawn

Bilcare Limited

Corporate insolvency — closed on settlement before the NCLAT · registry: SET ASIDE · source: NCLAT order, 18 Apr 2023

Sector Other Manufacturing Bench NCLT Mumbai Last process activity 14 months ago · tribunal order

Case record

at a glance

Admitted by the Mumbai bench. Current status: Withdrawn.

Admission to closure
5 mo
This case
NCLT Mumbai median · 5 mo
All India median · 4 mo
Medians: time from admission to withdrawal or closure, over closed cases (n = 394 / 1,667). Pre-packs left out.
The company
Listed public limited company in Other Manufacturing, registered in Maharashtra
Where the process stands
Admitted→Withdrawn
How cases like this ended
Other Manufacturing · 923 closed
Resolved 11% · Liquidation 47% · Withdrawn or closed 42%
NCLT Mumbai · 1,753 closed
Resolved 25% · Liquidation 48% · Withdrawn or closed 27%
Resolved cases in this sector: creditors' typical haircut 80.5% n=98
Liquidations in this sector: typical recovery 4.4% of claims n=58
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Company & MCA recordTimeline & key dates · 6 tribunal ordersProfessionalsIntelligence note
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