Case record
Admitted by the Mumbai bench on a petition by an operational creditor. Current status: Under CIRP.
In the insolvency process for
2 yr 7 mo
Medians: time from admission to a plan or a liquidation order, over closed cases (n = 1,249 / 4,617). Pre-packs left out.
The company
Private limited company in Steel & Metals, registered in Maharashtra
Admitted claims
Under ₹10 Cr
Where the process stands
Admitted→Public announcement→Claims collected→Expression of Interest invited→Resolution plan or liquidation
How cases like this ended
Steel & Metals · 281 closed
Resolved 60% · Liquidation 30% · Withdrawn or closed 9%
NCLT Mumbai · 1,782 closed
Resolved 24% · Liquidation 47% · Withdrawn or closed 28%
Resolved cases in this sector: creditors' typical haircut 82.0% n=165
Liquidations in this sector: typical recovery 3.8% of claims n=65
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Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 1 tribunal orderProfessionalsIntelligence note
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