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Home/ Cases/ Construction & Infrastructure/ Upal Buildtech Private Limited
● Under CIRP

Upal Buildtech Private Limited

Corporate insolvency resolution — proceedings ongoing · source: IBBI list of newly admitted cases

Business: building interiors, furnishing, fitting and fixtures and construction completion work; registered office in Laxmi Nagar, New Delhi.

Sector Construction & Infrastructure Bench NCLT New Delhi Last process activity 2 months ago · claims re-verified · active

Claims — past the ninety-day period. The ninety days from admission that regulation 12 allows ended 13 months ago. A claim filed now must state its reasons for the delay, and it is for the resolution professional to accept or reject it. How claims are filed →

Case record

at a glance

Admitted by the New Delhi bench on a petition by a financial creditor. Current status: Under CIRP.

In the insolvency process for
1 yr 3 mo
This case
NCLT New Delhi median · 1 yr 5 mo
All India median · 1 yr 3 mo
Medians: time from admission to a plan or a liquidation order, over closed cases (n = 770 / 4,609). Pre-packs left out.
The company
Private limited company in Construction & Infrastructure, registered in Delhi
Admitted claims
Under ₹10 Cr
Where the process stands
Admitted→Public announcement→Claims collected→Resolution plan or liquidation
How cases like this ended
Construction & Infrastructure · 779 closed
Resolved 25% · Liquidation 34% · Withdrawn or closed 41%
NCLT New Delhi · 1,372 closed
Resolved 20% · Liquidation 37% · Withdrawn or closed 42%
Resolved cases in this sector: creditors' typical haircut 67.8% n=180
Liquidations in this sector: typical recovery 0.3% of claims n=43
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Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 7 tribunal ordersProfessionalsIntelligence note
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