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Home/ Cases/ Power & Energy/ Ushdev International Limited
Liquidation — order passed IN PROCESS Plan approved, then failed

Ushdev International Limited

Corporate insolvency — liquidation in process · source: NCLT order, 16 Oct 2025

Sector Power & Energy Bench NCLT Mumbai Last process activity 49 days ago · auction notice · active

Case record

at a glance

Admitted by the Mumbai bench on a petition by a financial creditor. Current status: Liquidation.

Admission to liquidation order
7 yr 5 mo
This case
NCLT Mumbai median · 1 yr 3 mo
All India median · 1 yr 1 mo
Medians: time from admission to a liquidation order, over closed cases (n = 812 / 3,073). Pre-packs left out.
The company
Listed public limited company in Power & Energy, registered in Maharashtra
Admitted claims
Over ₹2,000 Cr
Where the process stands
Admitted→Liquidation ordered
How cases like this ended
Power & Energy · 214 closed
Resolved 28% · Liquidation 45% · Withdrawn or closed 27%
NCLT Mumbai · 1,753 closed
Resolved 25% · Liquidation 48% · Withdrawn or closed 27%
Resolved cases in this sector: creditors' typical haircut 82.0% n=58
Liquidations in this sector: typical recovery 4.7% of claims n=37
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Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 12 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note
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