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Home/ Cases/ Textiles & Apparel/ Saraf Gartex Limited
Withdrawn

Saraf Gartex Limited

CIRP withdrawn · source: NCLAT order, 20 May 2022

Sector Textiles & Apparel Bench NCLT Jaipur Last process activity 4.1 years ago · tribunal order

Case record

at a glance

Admitted by the Jaipur bench on a petition by an operational creditor. Current status: Withdrawn.

Admission to closure
2 mo
This case
NCLT Jaipur median · 6 mo
All India median · 4 mo
Medians: time from admission to withdrawal or closure, over closed cases (n = 40 / 1,667). Pre-packs left out.
The company
Public limited company in Textiles & Apparel, registered in Rajasthan
Where the process stands
Admitted→Withdrawn
How cases like this ended
Textiles & Apparel · 442 closed
Resolved 19% · Liquidation 55% · Withdrawn or closed 27%
NCLT Jaipur · 131 closed
Resolved 21% · Liquidation 37% · Withdrawn or closed 42%
Resolved cases in this sector: creditors' typical haircut 81.1% n=80
Liquidations in this sector: typical recovery 5.8% of claims n=84
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4 sections of this case are locked.

Company & MCA recordTimeline & key dates · 3 tribunal ordersProfessionalsIntelligence note
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