Case record
Admitted by the Bengaluru bench on a petition by a financial creditor. Current status: Under CIRP.
In the insolvency process for
2 mo
Medians: time from admission to a plan or a liquidation order, over closed cases (n = 161 / 4,609). Pre-packs left out.
The company
Public limited company in Food & Agro, registered in Karnataka
Admitted claims
₹500–2,000 Cr
Where the process stands
Admitted→Public announcement→Claims collected→Resolution plan or liquidation
How cases like this ended
Food & Agro · 540 closed
Resolved 24% · Liquidation 49% · Withdrawn or closed 27%
NCLT Bengaluru · 256 closed
Resolved 18% · Liquidation 52% · Withdrawn or closed 30%
Resolved cases in this sector: creditors' typical haircut 75.2% n=127
Liquidations in this sector: typical recovery 8.2% of claims n=67
Subscriber access
Full case intelligence is gated
This page's financial detail is available to merc.in subscribers — for ARCs, PE funds and resolution professionals.
6 sections of this case are locked.
Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 1 tribunal orderProfessionalsIntelligence note
See plans →
Already a member? Sign in
Sources, basis and disclaimers → ·