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Home/ Cases/ Food & Agro/ Spright Agro Limited
● Under CIRP

Spright Agro Limited

Corporate insolvency resolution — proceedings ongoing · source: NCLT admission order, before the public announcement

Sector Food & Agro Bench NCLT Ahmedabad Last process activity 25 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 62 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 Ahmedabad bench on a petition by an operational creditor. Current status: Under CIRP.

In the insolvency process for
28 days
This case
NCLT Ahmedabad median · 1 yr 3 mo
All India median · 1 yr 3 mo
Medians: time from admission to a plan or a liquidation order, over closed cases (n = 449 / 4,609). Pre-packs left out.
The company
Listed public limited company in Food & Agro, registered in Gujarat
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Resolved 24% · Liquidation 49% · Withdrawn or closed 27%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 Ahmedabad · 630 closed
Resolved 23% · Liquidation 49% · Withdrawn or closed 28%
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 · 3 tribunal ordersProfessionalsIntelligence note
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