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Home/ Cases/ Construction & Infrastructure/ Jain Infraprojects Limited
● Under CIRP

Jain Infraprojects Limited

Corporate insolvency resolution — proceedings ongoing · source: IBBI list of newly admitted cases

Business: civil construction projects including roads, highways, flyovers, water networks, housing and commercial infrastructure, and municipal civil amenities in West Bengal, Bihar, Jharkhand, Uttar Pradesh and Delhi. Registered office in Kolkata.

Sector Construction & Infrastructure Bench NCLT Kolkata Last process activity 13 months ago · public announcement

Claims — past the ninety-day period. The ninety days from admission that regulation 12 allows ended 10 months ago. A claim filed now must state its reasons for the delay, and it is for the resolution professional to accept or reject it. How claims are filed →

Case record

at a glance

Admitted by the Kolkata bench on a petition by a financial creditor. Current status: Under CIRP.

In the insolvency process for
1 yr 1 mo
This case
NCLT Kolkata median · 1 yr 1 mo
All India median · 1 yr 3 mo
Medians: time from admission to a plan or a liquidation order, over closed cases (n = 515 / 4,609). Pre-packs left out.
The company
Public limited company in Construction & Infrastructure, registered in West Bengal
Where the process stands
Admitted→Public announcement→Resolution plan or liquidation
How cases like this ended
Construction & Infrastructure · 779 closed
Resolved 25% · Liquidation 34% · Withdrawn or closed 41%
NCLT Kolkata · 756 closed
Resolved 24% · Liquidation 47% · Withdrawn or closed 29%
Resolved cases in this sector: creditors' typical haircut 67.8% n=180
Liquidations in this sector: typical recovery 0.3% of claims n=43
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4 sections of this case are locked.

Company & MCA recordTimeline & key dates · 3 tribunal ordersProfessionalsIntelligence note
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