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Home/ Cases/ Chemicals & Plastics/ Global Syntex (Bhilawara) Limited
Liquidation — dissolved

Global Syntex (Bhilawara) Limited

Corporate insolvency — liquidated & dissolved · source: NCLT order, 24 Jan 2020

Sector Chemicals & Plastics Bench NCLT Jaipur Last process activity 5.2 years ago · claims re-verified

Case record

at a glance

Admitted by the Jaipur bench on a petition by a financial creditor. Current status: Liquidation — Dissolved.

Admission to liquidation order
5 mo
This case
NCLT Jaipur median · 1 yr 4 mo
All India median · 1 yr 1 mo
Medians: time from admission to a liquidation order, over closed cases (n = 48 / 3,073). Pre-packs left out.
The company
Listed public limited company in Chemicals & Plastics, registered in Rajasthan
Admitted claims
₹10–100 Cr
Where the process stands
Admitted→Liquidation ordered→Dissolved
How cases like this ended
Chemicals & Plastics · 121 closed
Resolved 56% · Liquidation 37% · Withdrawn or closed 7%
NCLT Jaipur · 131 closed
Resolved 21% · Liquidation 37% · Withdrawn or closed 42%
Resolved cases in this sector: creditors' typical haircut 77.7% n=64
Liquidations in this sector: typical recovery 7.8% of claims n=32
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Admitted claims & creditor classesRecovery & distributionCommittee of creditorsCompany & MCA recordTimeline & key dates · 2 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note
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