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Home/ Cases/ Machinery & Equipment/ J R Furnace and Ovens Private Limited
Withdrawn

J R Furnace and Ovens Private Limited

CIRP withdrawn · registry: CIRP Withdrawn · source: NCLT order, 12 Dec 2019

Sector Machinery & Equipment Bench NCLT Chennai

Case record

at a glance

Admitted by the Chennai bench on a petition by an operational creditor. Current status: Withdrawn.

Admission to closure
16 days
This case
NCLT Chennai median · 3 mo
All India median · 4 mo
Medians: time from admission to withdrawal or closure, over closed cases (n = 143 / 1,667). Pre-packs left out.
The company
Private limited company in Machinery & Equipment, registered in Tamil Nadu
Where the process stands
Admitted→Withdrawn
How cases like this ended
Machinery & Equipment · 403 closed
Resolved 10% · Liquidation 56% · Withdrawn or closed 34%
NCLT Chennai · 681 closed
Resolved 15% · Liquidation 60% · Withdrawn or closed 25%
Resolved cases in this sector: creditors' typical haircut 79.4% n=38
Liquidations in this sector: typical recovery 2.9% of claims n=38
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4 sections of this case are locked.

Company & MCA recordTimeline & key dates · 2 tribunal ordersProfessionalsIntelligence note
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