Dancy Builders Private Limited

Corporate insolvency resolution — proceedings ongoing · source: IBBI public notice inviting Expression of Interest (EoI)

Owns an oil and gas drilling rig and leases it out; its objects include extracting crude petroleum and natural gas and dealing in drilling equipment. Registered office at Ghitorni, South West Delhi.

Sector Mining Bench NCLT New Delhi Last process activity 16 months ago · Form G EoI deadline

Case record

at a glance

Admitted by the New Delhi bench on a petition by a financial creditor. Current status: Under CIRP.

In the insolvency process for

1 yr 10 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 / 4,609). Pre-packs left out.

The company

Private limited company in Mining, registered in Delhi

Admitted claims

₹10–100 Cr

Where the process stands

Admitted→Public announcement→Claims collected→Expression of Interest invited→Resolution plan or liquidation

How cases like this ended

Mining · 82 closed

Resolved 18% · Liquidation 52% · Withdrawn or closed 29%

NCLT New Delhi · 1,372 closed

Resolved 20% · Liquidation 37% · Withdrawn or closed 42%

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Admitted claims & creditor classesCommittee of creditorsFinancialsCompany & MCA recordTimeline & key dates · 1 tribunal orderProfessionalsIntelligence note

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