Admitted by the Cuttack bench. Current status: Under CIRP.
In the insolvency process for
10 mo
This case
NCLT Cuttack median · 1 yr 5 mo
All India median · 1 yr 3 mo
Medians: time from admission to a plan or a liquidation order, over closed cases (n = 46 / 4,616). Pre-packs left out.
The company
Private limited company in Real Estate & Housing, registered in Odisha
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Resolved 26% · Liquidation 27% · Withdrawn or closed 47%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 Cuttack · 77 closed
Resolved 21% · Liquidation 42% · Withdrawn or closed 38%
Resolved cases in this sector: creditors' typical haircut 67.6% n=89