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Home/ Cases/ Real Estate & Housing/ Oracle Home Textile Limited
Liquidation — order passed IN PROCESS

Oracle Home Textile Limited

Corporate insolvency — liquidation in process · source: NCLT order, 30 Apr 2024

Sector Real Estate & Housing Bench NCLT Mumbai Last process activity 58 days ago · auction notice · active

Case record

at a glance

Admitted by the Mumbai bench on a petition by a financial creditor. Current status: Liquidation.

Admission to liquidation order
5 yr 8 mo
This case
NCLT Mumbai median · 1 yr 3 mo
All India median · 1 yr 1 mo
Medians: time from admission to a liquidation order, over closed cases (n = 816 / 3,079). Pre-packs left out.
The company
Public limited company in Real Estate & Housing, registered in Maharashtra
Admitted claims
₹100–500 Cr
Where the process stands
Admitted→Liquidation ordered
How cases like this ended
Real Estate & Housing · 394 closed
Resolved 26% · Liquidation 27% · Withdrawn or closed 47%
NCLT Mumbai · 1,758 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Resolved 25% · Liquidation 48% · Withdrawn or closed 27%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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8 sections of this case are locked.

Admitted claims & creditor classesRecovery & distributionCommittee of creditorsCompany & MCA recordTimeline & key dates · 8 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note
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