Sudalagunta Sugars Limited

Corporate insolvency — admission recalled by the NCLT · source: NCLT order, 23 Jun 2023

Sector Food & Agro Bench NCLT Amaravati

Case record

at a glance

Admitted by the Amaravati bench on a petition by an operational creditor. Current status: Admission Recalled.

Admission to closure

2 mo

This case

All India median · 4 mo

Medians: time from admission to withdrawal or closure, over closed cases (n = 1,667). Pre-packs left out.

The company

Public limited company in Food & Agro, registered in Andhra Pradesh

Where the process stands

Admitted→Admission Recalled

How cases like this ended

Food & Agro · 541 closed

Resolved 24% · Liquidation 49% · Withdrawn or closed 27%

NCLT Amaravati · 102 closed

Resolved 19% · Liquidation 46% · Withdrawn or closed 35%

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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6 sections of this case are locked.

Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 4 tribunal ordersProfessionalsIntelligence note

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