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Home/ Cases/ Chemicals & Plastics/ Sneh Polymers Private Limited
● Under CIRP

Sneh Polymers Private Limited

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

Bought PP granules and polymer products on credit; plant at Khasra No. 1849, NH-8, Dudu, Jaipur. The order does not describe the company's own product line.

Sector Chemicals & Plastics Bench NCLT Jaipur Last process activity 12 days ago · claims re-verified · active

Owed money by this company? The date in the public announcement has passed, but regulation 12 still allows a claim for 51 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 Jaipur bench on a petition by an operational creditor. Current status: Under CIRP.

In the insolvency process for
39 days
This case
NCLT Jaipur median · 1 yr 4 mo
All India median · 1 yr 3 mo
Medians: time from admission to a plan or a liquidation order, over closed cases (n = 76 / 4,616). Pre-packs left out.
The company
Private limited company in Chemicals & Plastics, registered in Rajasthan
Admitted claims
₹100–500 Cr
Where the process stands
Admitted→Public announcement→Claims collected→Resolution plan or liquidation
How cases like this ended
Chemicals & Plastics · 123 closed
Resolved 55% · Liquidation 37% · Withdrawn or closed 8%
NCLT Jaipur · 132 closed
Resolved 20% · Liquidation 38% · Withdrawn or closed 42%
Resolved cases in this sector: creditors' typical haircut 77.7% n=64
Liquidations in this sector: typical recovery 7.8% of claims n=32
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Admitted claims & creditor classesCommittee of creditorsFinancialsCompany & MCA recordTimeline & key dates · 1 tribunal orderProfessionalsIntelligence note
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