Premier Proteins Limited

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

Sector Food & Agro Bench NCLT Indore Last process activity 7 months ago · claims re-verified

Case record

at a glance

Admitted by the Indore bench. Current status: Under CIRP.

In the insolvency process for

1 yr 1 mo

This case

NCLT Indore median · 1 yr 3 mo

All India median · 1 yr 3 mo

Medians: time from admission to a plan or a liquidation order, over closed cases (n = 35 / 4,609). Pre-packs left out.

The company

Public limited company in Food & Agro, registered in Madhya Pradesh

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

Food & Agro · 540 closed

Resolved 24% · Liquidation 49% · Withdrawn or closed 27%

NCLT Indore · 60 closed

Resolved 28% · Liquidation 30% · Withdrawn or closed 42%

Resolved cases in this sector: creditors' typical haircut 75.2% n=127

Liquidations in this sector: typical recovery 8.2% of claims n=67

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6 sections of this case are locked.

Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 1 tribunal orderProfessionalsIntelligence note

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