Case record
Admitted by the Ahmedabad bench on a petition by a financial creditor. Current status: Under CIRP.
In the insolvency process for
6 yr 11 mo
Medians: time from admission to a plan or a liquidation order, over closed cases (n = 449 / 4,609). Pre-packs left out.
The company
Public limited company in Financial Services, registered in Dadra and Nagar Haveli and Daman and Diu
Admitted claims
₹500–2,000 Cr
Where the process stands
Admitted→Claims collected→Expression of Interest invited→Resolution plan or liquidation
How cases like this ended
Financial Services · 130 closed
Resolved 36% · Liquidation 48% · Withdrawn or closed 15%
NCLT Ahmedabad · 630 closed
Resolved 23% · Liquidation 49% · Withdrawn or closed 28%
Resolved cases in this sector: creditors' typical haircut 81.6% n=42
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.
6 sections of this case are locked.
Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 3 tribunal ordersProfessionalsIntelligence note
See plans →
Already a member? Sign in
Sources, basis and disclaimers → ·