E.K.S. Spinners Private Limited

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

Cotton spinning mill at Dhalavaipuram, Rajapalayam Taluk, Virudhunagar District. Activity: spinning of textile fibre, including weaving (excluding khadi/handloom).

Sector Textiles & Apparel Bench NCLT Chennai Last process activity 2 months ago · Form G EoI deadline · active

Case record

at a glance

Admitted by the Chennai bench. Current status: Under CIRP.

In the insolvency process for

6 mo

This case

NCLT Chennai median · 1 yr 1 mo

All India median · 1 yr 3 mo

Medians: time from admission to a plan or a liquidation order, over closed cases (n = 493 / 4,609). Pre-packs left out.

The company

Private limited company in Textiles & Apparel, registered in Tamil Nadu

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

Textiles & Apparel · 442 closed

Resolved 19% · Liquidation 55% · Withdrawn or closed 27%

NCLT Chennai · 681 closed

Resolved 15% · Liquidation 60% · Withdrawn or closed 25%

Resolved cases in this sector: creditors' typical haircut 81.1% n=80

Liquidations in this sector: typical recovery 5.8% of claims n=84

Subscriber access

Full case intelligence is gated

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

7 sections of this case are locked.

Admitted claims & creditor classesCommittee of creditorsFinancialsCompany & MCA recordTimeline & key dates · 2 tribunal ordersProfessionalsIntelligence note

See plans →

Sources, basis and disclaimers → ·

report an error