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Home/ Cases/ Hospitality & Leisure/ Lavasa Corporation Limited
● Under CIRP

Lavasa Corporation Limited

Corporate insolvency resolution — proceedings ongoing

Sector Hospitality & Leisure Bench NCLT Mumbai Last process activity 7 months ago · claims re-verified

Claims — past the ninety-day period. The ninety days from admission that regulation 12 allows ended 7.9 years 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 Mumbai bench on a petition by an operational creditor. Current status: Under CIRP.

In the insolvency process for
8 yr 1 mo
This case
NCLT Mumbai median · 1 yr 6 mo
All India median · 1 yr 3 mo
Medians: time from admission to a plan or a liquidation order, over closed cases (n = 1,244 / 4,609). Pre-packs left out.
The company
Public limited company in Hospitality & Leisure, registered in Maharashtra
Admitted claims
Over ₹2,000 Cr
Where the process stands
Admitted→Public announcement→Claims collected→Expression of Interest invited→Resolution plan or liquidation
How cases like this ended
Hospitality & Leisure · 71 closed
Resolved 61% · Liquidation 23% · Withdrawn or closed 17%
NCLT Mumbai · 1,753 closed
Resolved 25% · Liquidation 48% · Withdrawn or closed 27%
Resolved cases in this sector: creditors' typical haircut 69.3% n=41
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Admitted claims & creditor classesCommittee of creditorsFinancialsCompany & MCA recordTimeline & key dates · 18 tribunal ordersProfessionalsIntelligence note
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