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Home/ Cases/ Trading & Distribution/ DAL Marketing Solutions Limited
CIRP Terminated

DAL Marketing Solutions Limited

Corporate insolvency — terminated by the NCLT · registry: CLOSED · source: NCLT order, 25 Jun 2018

Sector Trading & Distribution Bench NCLT Chennai

Case record

at a glance

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

Admission to closure
5 mo
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 Trading & Distribution, registered in Tamil Nadu
Where the process stands
Admitted→CIRP Terminated
How cases like this ended
Trading & Distribution · 812 closed
Resolved 15% · Liquidation 58% · Withdrawn or closed 27%
NCLT Chennai · 681 closed
Resolved 15% · Liquidation 60% · Withdrawn or closed 25%
Resolved cases in this sector: creditors' typical haircut 80.6% n=112
Liquidations in this sector: typical recovery 0.0% of claims n=113
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Company & MCA recordTimeline & key dates · 2 tribunal ordersProfessionalsIntelligence note
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