Kashish Developers Limited

Corporate insolvency — closed on settlement before the NCLAT · registry: SET ASIDE · source: NCLAT order, 20 Oct 2022

Sector Other Services Bench NCLT Kolkata

Case record

at a glance

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 Current status: Withdrawn.

Admission to closure

31 days

This case

NCLT Kolkata median · 3 mo

All India median · 4 mo

Medians: time from admission to withdrawal or closure, over closed cases (n = 153 / 1,667). Pre-packs left out.

The company

Public limited company in Other Services, registered in Jharkhand

Where the process stands

Admitted→Withdrawn

How cases like this ended

Other Services · 1,227 closed

Resolved 14% · Liquidation 48% · Withdrawn or closed 38%

NCLT Kolkata · 756 closed

Resolved 24% · Liquidation 47% · Withdrawn or closed 29%

Resolved cases in this sector: creditors' typical haircut 78.7% n=163

Liquidations in this sector: typical recovery 0.7% of claims n=127

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4 sections of this case are locked.

Company & MCA recordTimeline & key dates · 5 tribunal ordersProfessionalsIntelligence note

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