Case record
Admitted by the Allahabad bench on a petition by a financial creditor. Current status: Under CIRP.
In the insolvency process for
23 days
Medians: time from admission to a plan or a liquidation order, over closed cases (n = 100 / 4,609). Pre-packs left out.
The company
Company in Trading & Distribution, registered in Uttar Pradesh
Where the process stands
Admitted→Public announcement→Resolution plan or liquidation
How cases like this ended
Trading & Distribution · 812 closed
Resolved 15% · Liquidation 58% · Withdrawn or closed 27%
NCLT Allahabad · 167 closed
Resolved 26% · Liquidation 34% · Withdrawn or closed 40%
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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