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Home/ Cases/ Food & Agro/ Manpasand Beverages Limited
● Under CIRP

Manpasand Beverages Limited

Corporate insolvency resolution — proceedings ongoing · source: IBBI list of newly admitted cases

Business: manufacture of Mango Sip and other mango drinks; registered office at Village Manjusar, Vadodara, Gujarat, with units at Vadodara, Varanasi and Ambala.

Sector Food & Agro Bench NCLT Ahmedabad Last process activity 4 months ago · tribunal order

Claims — past the ninety-day period. The ninety days from admission that regulation 12 allows ended 8 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 Ahmedabad bench on a petition by an operational creditor. Current status: Under CIRP.

In the insolvency process for
11 mo
This case
NCLT Ahmedabad median · 1 yr 3 mo
All India median · 1 yr 3 mo
Medians: time from admission to a plan or a liquidation order, over closed cases (n = 449 / 4,609). Pre-packs left out.
The company
Listed public limited company in Food & Agro, registered in Gujarat
Where the process stands
Admitted→Public announcement→Resolution plan or liquidation
How cases like this ended
Food & Agro · 540 closed
Resolved 24% · Liquidation 49% · Withdrawn or closed 27%
NCLT Ahmedabad · 630 closed
Resolved 23% · Liquidation 49% · Withdrawn or closed 28%
Resolved cases in this sector: creditors' typical haircut 75.2% n=127
Liquidations in this sector: typical recovery 8.2% of claims n=67
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Company & MCA recordTimeline & key dates · 15 tribunal ordersProfessionalsIntelligence note
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