Piyush Colonisers Limited

Corporate insolvency resolution — proceedings ongoing · source: IBBI register

Sector Power & Energy Bench NCLT New Delhi Last process activity 5 months ago · claims re-verified

Case record

at a glance

Admitted by the New Delhi bench on a petition by a financial creditor. Current status: Under CIRP.

In the insolvency process for

7 yr

This case

NCLT New Delhi median · 1 yr 5 mo

All India median · 1 yr 3 mo

Medians: time from admission to a plan or a liquidation order, over closed cases (n = 770 / 4,616). Pre-packs left out.

The company

Public limited company in Power & Energy, registered in Delhi

Admitted claims

Over ₹2,000 Cr

Where the process stands

Admitted→Claims collected→Expression of Interest invited→Resolution plan or liquidation

How cases like this ended

Power & Energy · 214 closed

Resolved 28% · Liquidation 45% · Withdrawn or closed 27%

NCLT New Delhi · 1,372 closed

Resolved 20% · Liquidation 37% · Withdrawn or closed 42%

Resolved cases in this sector: creditors' typical haircut 82.0% n=58

Liquidations in this sector: typical recovery 4.7% of claims n=37

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6 sections of this case are locked.

Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 4 tribunal ordersProfessionalsIntelligence note

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