Maa Manasha Devi Alloys Private Limited

Corporate insolvency — admission set aside on appeal (NCLAT) · source: NCLAT order, 19 Oct 2023

Sector Steel & Metals Bench NCLT Cuttack Last process activity 17 months ago · tribunal order

Case record

at a glance

Admitted by the Cuttack bench. Current status: Admission Set Aside.

Admission to closure

11 mo

This case

All India median · 4 mo

Medians: time from admission to withdrawal or closure, over closed cases (n = 1,667). Pre-packs left out.

The company

Private limited company in Steel & Metals, registered in Odisha

Where the process stands

Admitted→Admission Set Aside

How cases like this ended

Steel & Metals · 274 closed

Resolved 62% · Liquidation 31% · Withdrawn or closed 7%

NCLT Cuttack · 77 closed

Resolved 21% · Liquidation 42% · Withdrawn or closed 38%

Resolved cases in this sector: creditors' typical haircut 82.0% n=165

Liquidations in this sector: typical recovery 3.8% of claims n=65

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6 sections of this case are locked.

Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 4 tribunal ordersProfessionalsIntelligence note

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