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Home/ Cases/ Other Manufacturing/ Prasannabiomolecules Private Limited
● Under CIRP

Prasannabiomolecules Private Limited

Corporate insolvency resolution — proceedings ongoing · source: IBBI public notice inviting Expression of Interest (EoI)

Sector Other Manufacturing Bench NCLT Hyderabad Last process activity 31 days ago · claims re-verified · active

Claims — past the ninety-day period. The ninety days from admission that regulation 12 allows ended 4 months 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 Hyderabad bench. Current status: Under CIRP.

In the insolvency process for
7 mo
This case
NCLT Hyderabad median · 1 yr 2 mo
All India median · 1 yr 3 mo
Medians: time from admission to a plan or a liquidation order, over closed cases (n = 334 / 4,609). Pre-packs left out.
The company
Private limited company in Other Manufacturing, registered in Telangana
Admitted claims
₹10–100 Cr
Where the process stands
Admitted→Public announcement→Claims collected→Expression of Interest invited→Resolution plan or liquidation
How cases like this ended
Other Manufacturing · 923 closed
Resolved 11% · Liquidation 47% · Withdrawn or closed 42%
NCLT Hyderabad · 483 closed
Resolved 26% · Liquidation 45% · Withdrawn or closed 29%
Resolved cases in this sector: creditors' typical haircut 80.5% n=98
Liquidations in this sector: typical recovery 4.4% of claims n=58
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Admitted claims & creditor classesCommittee of creditorsFinancialsCompany & MCA recordTimeline & key dates · 1 tribunal orderProfessionalsIntelligence note
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