Pushpanjali Realms and Infratech Limited

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

Sector Real Estate & Housing Bench NCLT Allahabad Last process activity 6 months ago · tribunal order

Case record

at a glance

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

In the insolvency process for

2 yr 5 mo

This case

NCLT Allahabad median · 1 yr 8 mo

All India median · 1 yr 3 mo

Medians: time from admission to a plan or a liquidation order, over closed cases (n = 100 / 4,616). Pre-packs left out.

The company

Listed public limited company in Real Estate & Housing, registered in Uttarakhand

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

Real Estate & Housing · 393 closed

Resolved 26% · Liquidation 27% · Withdrawn or closed 47%

NCLT Allahabad · 167 closed

Resolved 26% · Liquidation 34% · Withdrawn or closed 40%

Resolved cases in this sector: creditors' typical haircut 67.6% n=89

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6 sections of this case are locked.

Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 2 tribunal ordersProfessionalsIntelligence note

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