Girdharilal Sugar & Allied Industries Limited

Corporate insolvency — liquidation in process · source: order listed by IBBI, 5 Aug 2022

Sector Food & Agro Bench NCLT Indore Last process activity 6 months ago · tribunal order

Case record

at a glance

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

Admission to liquidation order

11 mo

This case

All India median · 1 yr 1 mo

Medians: time from admission to a liquidation order, over closed cases (n = 3,073). Pre-packs left out.

The company

Listed public limited company in Food & Agro, registered in Madhya Pradesh

Admitted claims

₹10–100 Cr

Where the process stands

Admitted→Liquidation ordered

How cases like this ended

Food & Agro · 540 closed

Resolved 24% · Liquidation 49% · Withdrawn or closed 27%

NCLT Indore · 60 closed

Resolved 28% · Liquidation 30% · Withdrawn or closed 42%

Resolved cases in this sector: creditors' typical haircut 75.2% n=127

Liquidations in this sector: typical recovery 8.2% of claims n=67

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.

8 sections of this case are locked.

Admitted claims & creditor classesRecovery & distributionCommittee of creditorsCompany & MCA recordTimeline & key dates · 7 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note

See plans →

Sources, basis and disclaimers → ·

report an error