We use a session cookie and first-party analytics to run this site — no third-party trackers, no ads. Details in our Privacy Policy.
New researchThe sub-₹100 crore acquisition market, sized.Read the research →
Home/ Cases/ Cement, Glass & Ceramics/ Shrivallabh Pittie Industries Ltd
● Under CIRP

Shrivallabh Pittie Industries Ltd

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

Sector Cement, Glass & Ceramics Bench NCLT Mumbai Last process activity 6 months ago · tribunal order

Claims — past the ninety-day period. The ninety days from admission that regulation 12 allows ended 2.4 years 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 Mumbai bench on a petition by a financial creditor. Current status: Under CIRP.

In the insolvency process for
2 yr 7 mo
This case
NCLT Mumbai median · 1 yr 6 mo
All India median · 1 yr 3 mo
Medians: time from admission to a plan or a liquidation order, over closed cases (n = 1,244 / 4,616). Pre-packs left out.
The company
Public limited company in Cement, Glass & Ceramics, registered in Maharashtra
Admitted claims
₹100–500 Cr
Where the process stands
Admitted→Public announcement→Claims collected→Expression of Interest invited→Resolution plan or liquidation
How cases like this ended
Cement, Glass & Ceramics · 37 closed
Resolved 70% · Liquidation 22% · Withdrawn or closed 8%
NCLT Mumbai · 1,758 closed
Resolved 25% · Liquidation 48% · Withdrawn or closed 27%
Subscriber access

Full case intelligence is gated

This page's financial detail is available to merc.in subscribers — for ARCs, PE funds and resolution professionals.

6 sections of this case are locked.

Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 7 tribunal ordersProfessionalsIntelligence note
See plans →
Sources, basis and disclaimers → ·
report an error