Ramakrishna Townships & Projects Private Limited

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

Business: contract construction services in the Vijayawada region (as stated in its counter affidavit); registered office at Srinagar Colony, Ring Road, Vijayawada, Andhra Pradesh.

Sector Real Estate & Housing Bench NCLT Amaravati Last process activity 11 months ago · Form G EoI deadline

Case record

at a glance

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

In the insolvency process for

1 yr 2 mo

This case

NCLT Amaravati 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 = 65 / 4,616). Pre-packs left out.

The company

Private limited company in Real Estate & Housing, registered in Andhra 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

Real Estate & Housing · 394 closed

Resolved 26% · Liquidation 27% · Withdrawn or closed 47%

NCLT Amaravati · 102 closed

Resolved 19% · Liquidation 46% · Withdrawn or closed 35%

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

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7 sections of this case are locked.

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

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