Lotus Poly-Packs (India) Private Limited

Corporate insolvency resolution — proceedings ongoing · source: IBBI register

Sector Other Manufacturing Bench NCLT Hyderabad Last process activity 2.3 years ago · tribunal order

Case record

at a glance

Admitted by the Hyderabad bench on a petition by an operational creditor. Current status: Under CIRP.

In the insolvency process for

4 yr

This case

NCLT Hyderabad median · 1 yr 2 mo

All India median · 1 yr 3 mo

Medians: time from admission to a plan or a liquidation order, over closed cases (n = 334 / 4,616). Pre-packs left out.

The company

Private limited company in Other Manufacturing, registered in Telangana

Admitted claims

Under ₹10 Cr

Where the process stands

Admitted→Claims collected→Resolution plan or liquidation

How cases like this ended

Other Manufacturing · 926 closed

Resolved 11% · Liquidation 47% · Withdrawn or closed 42%

NCLT Hyderabad · 483 closed

Resolved 26% · Liquidation 45% · Withdrawn or closed 29%

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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6 sections of this case are locked.

Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 3 tribunal ordersProfessionalsIntelligence note

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