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Home/ Cases/ Other Manufacturing/ Rasik Products Private Limited
● Under CIRP

Rasik Products Private Limited

Corporate insolvency resolution — proceedings ongoing · source: IBBI list of newly admitted cases

Business: manufacturer of decorative films and foils, hologram base materials and holographic/metallized products; registered office on the Delhi Agra Bye Pass, Mathura, Uttar Pradesh.

Sector Other Manufacturing Bench NCLT Allahabad Last process activity 13 months ago · claims re-verified

Claims — past the ninety-day period. The ninety days from admission that regulation 12 allows ended 10 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 Allahabad bench on a petition by an operational creditor. Current status: Under CIRP.

In the insolvency process for
1 yr 1 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 / 4,609). Pre-packs left out.
The company
Private limited company in Other Manufacturing, registered in Uttar Pradesh
Admitted claims
₹10–100 Cr
Where the process stands
Admitted→Public announcement→Claims collected→Resolution plan or liquidation
How cases like this ended
Other Manufacturing · 923 closed
Resolved 11% · Liquidation 47% · Withdrawn or closed 42%
NCLT Allahabad · 167 closed
Resolved 26% · Liquidation 34% · Withdrawn or closed 40%
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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