Motocruizer Rental LLP

Corporate insolvency resolution — proceedings ongoing · source: IBBI register

Business: vehicle leasing in the mobility sector, earning lease rentals from end-users; owns electric cycles (per its own petition). Registered office at NESCO IT Park, Goregaon East, Mumbai.

Sector Real Estate & Housing Bench NCLT Mumbai Last process activity 3 months ago · Form G EoI deadline · active

Case record

at a glance

Admitted by the Mumbai bench on its own application. Current status: Under CIRP.

In the insolvency process for

5 mo

This case

NCLT Mumbai median · 1 yr 6 mo

All India median · 1 yr 3 mo

Medians: time from admission to a plan or a liquidation order, over closed cases (n = 1,244 / 4,616). Pre-packs left out.

The company

Limited liability partnership in Real Estate & Housing, registered in Maharashtra

Admitted claims

Under ₹10 Cr

Where the process stands

Admitted→Claims collected→Expression of Interest invited→Resolution plan or liquidation

How cases like this ended

Real Estate & Housing · 393 closed

Resolved 26% · Liquidation 27% · Withdrawn or closed 47%

NCLT Mumbai · 1,753 closed

Resolved 25% · Liquidation 48% · Withdrawn or closed 27%

Resolved cases in this sector: creditors' typical haircut 67.6% n=89

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Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 1 tribunal orderProfessionalsIntelligence note

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