Dinesh Polytubes Private Limited

Corporate insolvency resolution — resolution plan approved · source: NCLT order, 12 Jul 2019

Sector Chemicals & Plastics Bench NCLT Chandigarh Last process activity 3.9 years ago · tribunal order

Acquired by

Shri Sanjay Satrodia and Shri Anoop Singh

Named in the NCLT plan-approval order.

Case record

at a glance

Admitted by the Chandigarh bench on a petition by a financial creditor. Current status: Resolved.

Admission to plan approval

1 yr 6 mo

This case

NCLT Chandigarh median · 2 yr 3 mo

All India median · 1 yr 8 mo

Medians: time from admission to plan approval, over closed cases (n = 78 / 1,537). Pre-packs left out.

The company

Private limited company in Chemicals & Plastics, registered in Haryana

Admitted claims

Under ₹10 Cr

Where the process stands

Admitted→Resolution plan approved

How cases like this ended

Chemicals & Plastics · 121 closed

Resolved 56% · Liquidation 37% · Withdrawn or closed 7%

NCLT Chandigarh · 311 closed

Resolved 25% · Liquidation 43% · Withdrawn or closed 32%

Resolved cases in this sector: creditors' typical haircut 77.7% n=64

Liquidations in this sector: typical recovery 7.8% of claims n=32

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Admitted claims & creditor classesRecovery, haircut & plan valueCommittee of creditorsFinancialsCompany & MCA recordTimeline & key dates · 3 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note

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