Modinagar Paper Mills Limited

Corporate insolvency resolution — proceedings ongoing · source: IBBI register

Sector Trading & Distribution Bench NCLT Allahabad Last process activity 4.4 years ago · claims re-verified

Case record

at a glance

Admitted by the Allahabad bench. Current status: Under CIRP.

In the insolvency process for

4 yr 6 mo

This case

NCLT Allahabad median · 1 yr 8 mo

All India median · 1 yr 3 mo

Medians: time from admission to a plan or a liquidation order, over closed cases (n = 100 / 4,616). Pre-packs left out.

The company

Public limited company in Trading & Distribution, registered in Uttar Pradesh

Admitted claims

Under ₹10 Cr

Where the process stands

Admitted→Claims collected→Resolution plan or liquidation

How cases like this ended

Trading & Distribution · 812 closed

Resolved 15% · Liquidation 58% · Withdrawn or closed 27%

NCLT Allahabad · 167 closed

Resolved 26% · Liquidation 34% · Withdrawn or closed 40%

Resolved cases in this sector: creditors' typical haircut 80.6% n=112

Liquidations in this sector: typical recovery 0.0% of claims n=113

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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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