Bindal and Bindal Batteries Private Limited

Corporate insolvency resolution — proceedings ongoing · source: IBBI's public announcement

Sector Electronics & Electricals Bench NCLT New Delhi Last process activity 15 months ago · tribunal order

Case record

at a glance

Admitted by the New Delhi bench. Current status: Under CIRP.

In the insolvency process for

4 yr 7 mo

This case

NCLT New Delhi 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 = 770 / 4,616). Pre-packs left out.

The company

Private limited company in Electronics & Electricals, registered in Delhi

Admitted claims

Under ₹10 Cr

Where the process stands

Admitted→Claims collected→Resolution plan or liquidation

How cases like this ended

Electronics & Electricals · 84 closed

Resolved 50% · Liquidation 48% · Withdrawn or closed 2%

NCLT New Delhi · 1,372 closed

Resolved 20% · Liquidation 37% · Withdrawn or closed 42%

Resolved cases in this sector: creditors' typical haircut 83.5% n=40

Liquidations in this sector: typical recovery 2.3% of claims n=32

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 · 3 tribunal ordersProfessionalsIntelligence note

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