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Home/ Cases/ Other Manufacturing/ Brite Proofings Private Limited
● Under CIRP

Brite Proofings Private Limited

Corporate insolvency resolution — proceedings ongoing · source: IBBI list of newly admitted cases

Sector Other Manufacturing Bench NCLT Mumbai Last process activity 11 months ago · public announcement

Claims — past the ninety-day period. The ninety days from admission that regulation 12 allows ended 8 months ago. A claim filed now must state its reasons for the delay, and it is for the resolution professional to accept or reject it. How claims are filed →

Case record

at a glance

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

In the insolvency process for
11 mo
This case
NCLT Mumbai median · 1 yr 6 mo
All India median · 1 yr 3 mo
Medians: time from admission to a plan or a liquidation order, over closed cases (n = 1,244 / 4,609). Pre-packs left out.
The company
Private limited company in Other Manufacturing, registered in Maharashtra
Where the process stands
Admitted→Public announcement→Resolution plan or liquidation
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Resolved 11% · Liquidation 47% · Withdrawn or closed 42%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Resolved 25% · Liquidation 48% · Withdrawn or closed 27%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 · 1 tribunal orderProfessionalsIntelligence note
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