Maxim Infrastructure and Real Estate Private Limited.

Corporate insolvency resolution — resolution plan approved · source: NCLT order, 25 Oct 2019

Sector Construction & Infrastructure Bench NCLT Guwahati Last process activity 3.3 years ago · tribunal order

Acquired by

Rare Asset Reconstruction Limited

Named in the NCLT plan-approval order.

Case record

at a glance

Admitted by the Guwahati bench. Current status: Resolved.

Admission to plan approval

1 yr 1 mo

This case

All India median · 1 yr 8 mo

Medians: time from admission to plan approval, over closed cases (n = 1,536). Pre-packs left out.

The company

Private limited company in Construction & Infrastructure, registered in Meghalaya

Admitted claims

₹100–500 Cr

Where the process stands

Admitted→Expression of Interest invited→Resolution plan approved

How cases like this ended

Construction & Infrastructure · 780 closed

Resolved 25% · Liquidation 34% · Withdrawn or closed 41%

NCLT Guwahati · 51 closed

Resolved 31% · Liquidation 41% · Withdrawn or closed 27%

Resolved cases in this sector: creditors' typical haircut 67.8% n=180

Liquidations in this sector: typical recovery 0.3% of claims n=43

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Recovery, haircut & plan valueFinancialsCompany & MCA recordTimeline & key dates · 10 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note

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