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Home/ Cases/ Other Services/ Madesh Human Resources Private Limited
● Under CIRP

Madesh Human Resources Private Limited

Corporate insolvency resolution — proceedings ongoing · source: IBBI public notice inviting Expression of Interest (EoI)

Business: supply of manpower services to clients. Registered office at Hudco Nagar, Kattupakkam, Chennai.

Sector Other Services Bench NCLT Chennai Last process activity 43 days ago · claims re-verified · active

Claims — past the ninety-day period. The ninety days from admission that regulation 12 allows ended 3 months 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 Chennai bench on a petition by an operational creditor. Current status: Under CIRP.

In the insolvency process for
5 mo
This case
NCLT Chennai median · 1 yr 1 mo
All India median · 1 yr 3 mo
Medians: time from admission to a plan or a liquidation order, over closed cases (n = 493 / 4,617). Pre-packs left out.
The company
Private limited company in Other Services, registered in Tamil Nadu
Admitted claims
₹10–100 Cr
Where the process stands
Admitted→Public announcement→Claims collected→Expression of Interest invited→Resolution plan or liquidation
How cases like this ended
Other Services · 1,244 closed
Resolved 14% · Liquidation 47% · Withdrawn or closed 39%
NCLT Chennai · 684 closed
Resolved 15% · Liquidation 60% · Withdrawn or closed 26%
Resolved cases in this sector: creditors' typical haircut 78.7% n=163
Liquidations in this sector: typical recovery 0.7% of claims n=127
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Admitted claims & creditor classesCommittee of creditorsFinancialsCompany & MCA recordTimeline & key dates · 1 tribunal orderProfessionalsIntelligence note
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