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Home/ Cases/ Cement, Glass & Ceramics/ Swastik Ceracon Limited
Admission Recalled

Swastik Ceracon Limited

Corporate insolvency — admission recalled by the NCLT · source: NCLT order, 6 Sep 2019

Sector Cement, Glass & Ceramics Bench NCLT Ahmedabad Last process activity 7 months ago · tribunal order

Case record

at a glance

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

Admission to closure
42 days
This case
NCLT Ahmedabad median · 4 mo
All India median · 4 mo
Medians: time from admission to withdrawal or closure, over closed cases (n = 120 / 1,667). Pre-packs left out.
The company
Public limited company in Cement, Glass & Ceramics, registered in Gujarat
Admitted claims
₹100–500 Cr
Where the process stands
Admitted→Admission Recalled
How cases like this ended
Cement, Glass & Ceramics · 38 closed
Resolved 68% · Liquidation 21% · Withdrawn or closed 11%
NCLT Ahmedabad · 638 closed
Resolved 22% · Liquidation 48% · Withdrawn or closed 29%
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Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 11 tribunal ordersIntelligence note
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