The Orissa Minerals Development Company Limited

Corporate insolvency — admission set aside on appeal (NCLAT) · registry: SET ASIDE · source: NCLAT order, 17 Aug 2021

Sector Trading & Distribution Bench NCLT Kolkata Last process activity 4.9 years ago · tribunal order

Case record

at a glance

Admitted by the Kolkata bench on a petition by an operational creditor. Current status: Admission Set Aside.

Admission to closure

10 mo

This case

NCLT Kolkata median · 3 mo

All India median · 4 mo

Medians: time from admission to withdrawal or closure, over closed cases (n = 153 / 1,667). Pre-packs left out.

The company

Listed public limited company in Trading & Distribution, registered in Odisha

Where the process stands

Admitted→Admission Set Aside

How cases like this ended

Trading & Distribution · 812 closed

Resolved 15% · Liquidation 58% · Withdrawn or closed 27%

NCLT Kolkata · 756 closed

Resolved 24% · Liquidation 47% · Withdrawn or closed 29%

Resolved cases in this sector: creditors' typical haircut 80.6% n=112

Liquidations in this sector: typical recovery 0.0% of claims n=113

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4 sections of this case are locked.

Company & MCA recordTimeline & key dates · 4 tribunal ordersProfessionalsIntelligence note

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