SECL Industries Private Limited

Corporate insolvency — liquidated & dissolved · source: NCLT order, 24 Jul 2018

Sector Other Services Bench NCLT Chandigarh Last process activity 6.4 years ago · claims re-verified

Case record

at a glance

Admitted by the Chandigarh bench on its own application. Current status: Liquidation — Dissolved.

Admission to liquidation order

8 mo

This case

NCLT Chandigarh median · 1 yr 3 mo

All India median · 1 yr 1 mo

Medians: time from admission to a liquidation order, over closed cases (n = 132 / 3,079). Pre-packs left out.

The company

Private limited company in Other Services, registered in Punjab

Admitted claims

₹100–500 Cr

Where the process stands

Admitted→Liquidation ordered→Dissolved

How cases like this ended

Other Services · 1,227 closed

Resolved 14% · Liquidation 48% · Withdrawn or closed 38%

NCLT Chandigarh · 311 closed

Resolved 25% · Liquidation 43% · Withdrawn or closed 32%

Resolved cases in this sector: creditors' typical haircut 78.7% n=163

Liquidations in this sector: typical recovery 0.7% of claims n=127

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8 sections of this case are locked.

Admitted claims & creditor classesRecovery & distributionCommittee of creditorsCompany & MCA recordTimeline & key dates · 2 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note

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