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Home/ Cases/ Other Manufacturing/ Laser Care ( India ) Limited
Admission Set Aside

Laser Care ( India ) Limited

Corporate insolvency — admission set aside on appeal (NCLAT) · source: NCLAT order, 7 Mar 2018

Sector Other Manufacturing Bench NCLT Ahmedabad

Case record

at a glance

Admitted by the Ahmedabad bench on a petition by a financial creditor. Current status: Admission Set Aside.

Admission to closure
2 mo
This case
NCLT Ahmedabad median · 4 mo
All India median · 4 mo
Medians: time from admission to withdrawal or closure, over closed cases (n = 120 / 1,667). Pre-packs left out.
The company
Private limited company in Other Manufacturing, registered in Madhya Pradesh
Where the process stands
Admitted→Admission Set Aside
How cases like this ended
Other Manufacturing · 926 closed
Resolved 11% · Liquidation 47% · Withdrawn or closed 42%
NCLT Ahmedabad · 630 closed
Resolved 23% · Liquidation 49% · Withdrawn or closed 28%
Resolved cases in this sector: creditors' typical haircut 80.5% n=98
Liquidations in this sector: typical recovery 4.4% of claims n=58
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Company & MCA recordTimeline & key dates · 2 tribunal ordersProfessionalsIntelligence note
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