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Home/ Cases/ Other Services/ Gems Education Solutions India Private Limited
● Under CIRP

Gems Education Solutions India Private Limited

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

Business: Management consulting for the education sector; registered office at Unitech Business Zone, Nirwana Country, South City 2, Gurgaon, Haryana.

Sector Other Services Bench NCLT Chandigarh Last process activity 14 months ago · public announcement

Claims — past the ninety-day period. The ninety days from admission that regulation 12 allows ended 11 months ago. A claim filed now must state its reasons for the delay, and it is for the resolution professional to accept or reject it. How claims are filed →

Case record

at a glance

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

In the insolvency process for
1 yr 2 mo
This case
NCLT Chandigarh median · 1 yr 8 mo
All India median · 1 yr 3 mo
Medians: time from admission to a plan or a liquidation order, over closed cases (n = 210 / 4,616). Pre-packs left out.
The company
Private limited company in Other Services, registered in Haryana
Where the process stands
Admitted→Public announcement→Resolution plan or liquidation
How cases like this ended
Other Services · 1,227 closed
Resolved 14% · Liquidation 48% · Withdrawn or closed 38%
NCLT Chandigarh · 311 closed
Resolved 25% · Liquidation 43% · Withdrawn or closed 32%
Resolved cases in this sector: creditors' typical haircut 78.7% n=163
Liquidations in this sector: typical recovery 0.7% of claims n=127
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Company & MCA recordTimeline & key dates · 1 tribunal orderProfessionalsIntelligence note
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