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Home/ Cases/ Textiles & Apparel/ Hind Syntex Ltd.
Admission Set Aside

Hind Syntex Ltd.

Corporate insolvency — admission set aside on appeal (NCLAT) · registry: SET ASIDE · source: NCLAT order, 14 Sep 2023

Sector Textiles & Apparel Bench NCLT Indore

Case record

at a glance

Admitted by the Indore bench. Current status: Admission Set Aside.

Admission to closure
1 yr 6 mo
This case
All India median · 4 mo
Medians: time from admission to withdrawal or closure, over closed cases (n = 1,667). Pre-packs left out.
The company
Listed public limited company in Textiles & Apparel, registered in Madhya Pradesh
Where the process stands
Admitted→Admission Set Aside
How cases like this ended
Textiles & Apparel · 442 closed
Resolved 19% · Liquidation 55% · Withdrawn or closed 27%
NCLT Indore · 60 closed
Resolved 28% · Liquidation 30% · Withdrawn or closed 42%
Resolved cases in this sector: creditors' typical haircut 81.1% n=80
Liquidations in this sector: typical recovery 5.8% of claims n=84
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Company & MCA recordTimeline & key dates · 4 tribunal ordersProfessionalsIntelligence note
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