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Home/ Cases/ Steel & Metals/ Perfect Engineering Products Limited
Withdrawn

Perfect Engineering Products Limited

CIRP withdrawn under Section 12A · registry: 12A-WITHRDAWN · source: NCLT order, 21 Oct 2022

Sector Steel & Metals Bench NCLT Mumbai Last process activity 3.8 years ago · tribunal order

Case record

at a glance

Admitted by the Mumbai bench on a petition by an operational creditor. Current status: Withdrawn.

Admission to closure
10 days
This case
NCLT Mumbai median · 5 mo
All India median · 4 mo
Medians: time from admission to withdrawal or closure, over closed cases (n = 411 / 1,736). Pre-packs left out.
The company
Company in Steel & Metals, registered in Maharashtra
Where the process stands
Admitted→Withdrawn
How cases like this ended
Steel & Metals · 281 closed
Resolved 60% · Liquidation 30% · Withdrawn or closed 9%
NCLT Mumbai · 1,782 closed
Resolved 24% · Liquidation 47% · Withdrawn or closed 28%
Resolved cases in this sector: creditors' typical haircut 82.0% n=165
Liquidations in this sector: typical recovery 3.8% of claims n=65
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3 sections of this case are locked.

Timeline & key dates · 5 tribunal ordersProfessionalsIntelligence note
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