Rahul Sales Limited

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

Sector Hospitality & Leisure Bench NCLT Chandigarh Last process activity 2.3 years ago · claims re-verified

Case record

at a glance

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

In the insolvency process for

3 yr 1 mo

This case

NCLT Chandigarh 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 = 210 / 4,616). Pre-packs left out.

The company

Public limited company in Hospitality & Leisure, registered in Chandigarh

Admitted claims

₹100–500 Cr

Where the process stands

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

How cases like this ended

Hospitality & Leisure · 71 closed

Resolved 61% · Liquidation 23% · Withdrawn or closed 17%

NCLT Chandigarh · 311 closed

Resolved 25% · Liquidation 43% · Withdrawn or closed 32%

Resolved cases in this sector: creditors' typical haircut 69.3% n=41

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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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