Geo Jute Limited

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

Sector Textiles & Apparel Bench NCLT Allahabad Last process activity 6 months ago · tribunal order

Case record

at a glance

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

In the insolvency process for

2 yr 9 mo

This case

NCLT Allahabad 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 = 100 / 4,616). Pre-packs left out.

The company

Public limited company in Textiles & Apparel, registered in Uttar Pradesh

Admitted claims

₹100–500 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Resolved 19% · Liquidation 55% · Withdrawn or closed 27%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 Allahabad · 167 closed

Resolved 26% · Liquidation 34% · Withdrawn or closed 40%

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

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

6 sections of this case are locked.

Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 10 tribunal ordersProfessionalsIntelligence note

See plans →

report an error