Linus Processors Private Limited

Corporate insolvency — liquidated & dissolved · source: order listed by IBBI, 19 Dec 2018

Sector Textiles & Apparel Bench NCLT Kolkata Last process activity 7.8 years ago · public announcement

Case record

at a glance

Admitted by the Kolkata bench on a petition by a financial creditor. Current status: Liquidation — Dissolved.

Admission to liquidation order

9 mo

This case

NCLT Kolkata median · 11 mo

All India median · 1 yr 1 mo

Medians: time from admission to a liquidation order, over closed cases (n = 338 / 3,073). Pre-packs left out.

The company

Private limited company in Textiles & Apparel, registered in West Bengal

Admitted claims

₹10–100 Cr

Where the process stands

Admitted→Liquidation ordered→Dissolved

How cases like this ended

Textiles & Apparel · 442 closed

Resolved 19% · Liquidation 55% · Withdrawn or closed 27%

NCLT Kolkata · 756 closed

Resolved 24% · Liquidation 47% · Withdrawn or closed 29%

Resolved cases in this sector: creditors' typical haircut 81.1% n=80

Liquidations in this sector: typical recovery 5.8% of claims n=84

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8 sections of this case are locked.

Admitted claims & creditor classesRecovery & distributionCommittee of creditorsCompany & MCA recordTimeline & key dates · 2 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note

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