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Home/ Cases/ Real Estate & Housing/ Oragadam City Developers Private Limited
● Under CIRP

Oragadam City Developers Private Limited

Corporate insolvency resolution — proceedings ongoing · source: IBBI register

Sector Real Estate & Housing Bench NCLT Chennai Last process activity 4.7 years ago · tribunal order

Claims — past the ninety-day period. The ninety days from admission that regulation 12 allows ended 7 years ago. A claim filed now must state its reasons for the delay, and it is for the resolution professional to accept or reject it. How claims are filed →

Case record

at a glance

Admitted by the Chennai bench on a petition by an operational creditor. Current status: Under CIRP.

In the insolvency process for
7 yr 3 mo
This case
NCLT Chennai median · 1 yr 1 mo
All India median · 1 yr 3 mo
Medians: time from admission to a plan or a liquidation order, over closed cases (n = 493 / 4,616). Pre-packs left out.
The company
Private limited company in Real Estate & Housing, registered in Tamil Nadu
Where the process stands
Admitted→Resolution plan or liquidation
How cases like this ended
Real Estate & Housing · 393 closed
Resolved 26% · Liquidation 27% · Withdrawn or closed 47%
NCLT Chennai · 681 closed
Resolved 15% · Liquidation 60% · Withdrawn or closed 25%
Resolved cases in this sector: creditors' typical haircut 67.6% n=89
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Company & MCA recordTimeline & key dates · 5 tribunal ordersProfessionalsIntelligence note
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