Canadian Crystalline Water India Limited

Corporate insolvency — closed on settlement before the NCLAT · registry: Closure-12A / appeal/ review or settlement · source: NCLAT order, 10 Dec 2019

Sector Machinery & Equipment Bench NCLT Chennai Last process activity 6.8 years ago · tribunal order

Case record

at a glance

Admitted by the Chennai bench on a petition by an operational creditor. Current status: Withdrawn.

Admission to closure

33 days

This case

NCLT Chennai median · 3 mo

All India median · 4 mo

Medians: time from admission to withdrawal or closure, over closed cases (n = 143 / 1,667). Pre-packs left out.

The company

Public limited company in Machinery & Equipment, registered in Tamil Nadu

Where the process stands

Admitted→Withdrawn

How cases like this ended

Machinery & Equipment · 403 closed

Resolved 10% · Liquidation 56% · Withdrawn or closed 34%

NCLT Chennai · 681 closed

Resolved 15% · Liquidation 60% · Withdrawn or closed 25%

Resolved cases in this sector: creditors' typical haircut 79.4% n=38

Liquidations in this sector: typical recovery 2.9% of claims n=38

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4 sections of this case are locked.

Company & MCA recordTimeline & key dates · 3 tribunal ordersProfessionalsIntelligence note

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