Krish Fashions Brands Private Limited

Corporate insolvency resolution — proceedings ongoing · source: IBBI public notice inviting Expression of Interest (EoI)

Business: dealer of dress materials, registered on Bannerghatta Road, Bengaluru; bought dress materials and garments from the petitioner against purchase orders.

Sector Trading & Distribution Bench NCLT Bengaluru Last process activity 57 days ago · Form G EoI deadline · active

Case record

at a glance

Admitted by the Bengaluru bench. Current status: Under CIRP.

In the insolvency process for

9 mo

This case

NCLT Bengaluru 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 = 161 / 4,609). Pre-packs left out.

The company

Private limited company in Trading & Distribution, registered in Karnataka

Admitted claims

₹10–100 Cr

Where the process stands

Admitted→Public announcement→Claims collected→Expression of Interest invited→Resolution plan or liquidation

How cases like this ended

Trading & Distribution · 812 closed

Resolved 15% · Liquidation 58% · Withdrawn or closed 27%

NCLT Bengaluru · 256 closed

Resolved 18% · Liquidation 52% · Withdrawn or closed 30%

Resolved cases in this sector: creditors' typical haircut 80.6% n=112

Liquidations in this sector: typical recovery 0.0% of claims n=113

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Admitted claims & creditor classesCommittee of creditorsFinancialsCompany & MCA recordTimeline & key dates · 1 tribunal orderProfessionalsIntelligence note

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