Parakkott Investments India Private Limited

Corporate insolvency — liquidation in process · source: NCLT order, 3 Jan 2025

Sector Financial Services Bench NCLT Mumbai Last process activity 6 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

1 yr 2 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 = 812 / 3,073). Pre-packs left out.

The company

Private limited company in Financial Services, registered in Maharashtra

Admitted claims

₹100–500 Cr

Where the process stands

Admitted→Liquidation ordered

How cases like this ended

Financial Services · 130 closed

Resolved 36% · Liquidation 48% · Withdrawn or closed 15%

NCLT Mumbai · 1,753 closed

Resolved 25% · Liquidation 48% · Withdrawn or closed 27%

Resolved cases in this sector: creditors' typical haircut 81.6% n=42

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Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 2 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note

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