We use a session cookie and first-party analytics to run this site — no third-party trackers, no ads. Details in our Privacy Policy.
New researchThe sub-₹100 crore acquisition market, sized.Read the research →
Home/ Cases/ Other Services/ Nandi Engineering Limited
Withdrawn

Nandi Engineering Limited

CIRP withdrawn · registry: WITHDRAWN · source: NCLT order, 22 Aug 2019

Sector Other Services Bench NCLT Bengaluru

Case record

at a glance

Admitted by the Bengaluru bench. Current status: Withdrawn.

Admission to closure
7 mo
This case
NCLT Bengaluru median · 5 mo
All India median · 4 mo
Medians: time from admission to withdrawal or closure, over closed cases (n = 67 / 1,667). Pre-packs left out.
The company
Public limited company in Other Services, registered in Karnataka
Where the process stands
Admitted→Withdrawn
How cases like this ended
Other Services · 1,227 closed
Resolved 14% · Liquidation 48% · Withdrawn or closed 38%
NCLT Bengaluru · 256 closed
Resolved 18% · Liquidation 52% · Withdrawn or closed 30%
Resolved cases in this sector: creditors' typical haircut 78.7% n=163
Liquidations in this sector: typical recovery 0.7% of claims n=127
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.

4 sections of this case are locked.

Company & MCA recordTimeline & key dates · 2 tribunal ordersProfessionalsIntelligence note
See plans →
Sources, basis and disclaimers → ·
report an error