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Home/ Cases/ Food & Agro/ Shubh Food Industries Limited
● Under CIRP

Shubh Food Industries Limited

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

Registered office at H No. 257/A, Gala Nos. 1 to 5, Bldg. J10, Sharee Arihant Complex, Kalher, Bhiwandi, Thane 421302. Borrowed for business requirements: ₹72.00 lakh working capital loan from Insta Capital; short-term loans of ₹80.00 lakh and ₹60.00 lakh from Richbond Capital.

Sector Food & Agro Bench NCLT Mumbai Last process activity 15 days ago · public announcement · active

Owed money by this company? The date in the public announcement has passed, but regulation 12 still allows a claim for 74 more days, or longer if the request for resolution plans has not yet gone out. How to file your claim →

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
16 days
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 / 4,609). Pre-packs left out.
The company
Company in Food & Agro, registered in Maharashtra
Where the process stands
Admitted→Public announcement→Resolution plan or liquidation
How cases like this ended
Food & Agro · 540 closed
Resolved 24% · Liquidation 49% · Withdrawn or closed 27%
NCLT Mumbai · 1,753 closed
Resolved 25% · Liquidation 48% · Withdrawn or closed 27%
Resolved cases in this sector: creditors' typical haircut 75.2% n=127
Liquidations in this sector: typical recovery 8.2% of claims n=67
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Company & MCA recordTimeline & key dates · 2 tribunal ordersProfessionalsIntelligence note
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