Daulat Ram Engineering Services Limited

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

Business: railway engineering equipment and escalator supply/installation.

Sector Machinery & Equipment Bench NCLT Indore Last process activity 2 months ago · public announcement · active

Case record

at a glance

Admitted by the Indore bench on a petition by an operational creditor. Current status: Under CIRP.

In the insolvency process for

2 mo

This case

NCLT Indore median · 1 yr 3 mo

All India median · 1 yr 3 mo

Medians: time from admission to a plan or a liquidation order, over closed cases (n = 35 / 4,616). Pre-packs left out.

The company

Public limited company in Machinery & Equipment, registered in Madhya Pradesh

Where the process stands

Admitted→Public announcement→Resolution plan or liquidation

How cases like this ended

Machinery & Equipment · 404 closed

Resolved 10% · Liquidation 56% · Withdrawn or closed 34%

NCLT Indore · 60 closed

Resolved 28% · Liquidation 30% · Withdrawn or closed 42%

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

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

Subscriber access

This page's financial detail is available to merc.in subscribers — for ARCs, PE funds and resolution professionals.

4 sections of this case are locked.

Company & MCA recordTimeline & key dates · 1 tribunal orderProfessionalsIntelligence note

See plans →

report an error