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Home/ Cases/ Other Manufacturing/ Txlene Forge Private Limited
Withdrawn

Txlene Forge Private Limited

CIRP withdrawn · source: NCLT order, 24 Feb 2021

Sector Other Manufacturing Bench NCLT Chandigarh Last process activity 5.6 years ago · tribunal order

Case record

at a glance

Admitted by the Chandigarh bench. Current status: Withdrawn.

Admission to closure
1 yr 2 mo
This case
NCLT Chandigarh median · 3 mo
All India median · 4 mo
Medians: time from admission to withdrawal or closure, over closed cases (n = 69 / 1,667). Pre-packs left out.
The company
Private limited company in Other Manufacturing, registered in Punjab
Where the process stands
Admitted→Withdrawn
How cases like this ended
Other Manufacturing · 923 closed
Resolved 11% · Liquidation 47% · Withdrawn or closed 42%
NCLT Chandigarh · 311 closed
Resolved 25% · Liquidation 43% · Withdrawn or closed 32%
Resolved cases in this sector: creditors' typical haircut 80.5% n=98
Liquidations in this sector: typical recovery 4.4% of claims n=58
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4 sections of this case are locked.

Company & MCA recordTimeline & key dates · 3 tribunal ordersProfessionalsIntelligence note
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