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Home/ Cases/ Hospitality & Leisure/ V&RO Hospitality Private Limited
● Under CIRP

V&RO Hospitality Private Limited

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

Restaurant and bar operator, including Taki Taki. The dispute concerns its Kolkata outlet.

Sector Hospitality & Leisure Bench NCLT Bengaluru Last process activity 3 months ago · public announcement · active

Claims — past the ninety-day period. The ninety days from admission that regulation 12 allows ended 7 days 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 Bengaluru bench on a petition by an operational creditor. Current status: Under CIRP.

In the insolvency process for
3 mo
This case
NCLT Bengaluru median · 1 yr
All India median · 1 yr 3 mo
Medians: time from admission to a plan or a liquidation order, over closed cases (n = 162 / 4,616). Pre-packs left out.
The company
Private limited company in Hospitality & Leisure, registered in Karnataka
Where the process stands
Admitted→Public announcement→Resolution plan or liquidation
How cases like this ended
Hospitality & Leisure · 71 closed
Resolved 61% · Liquidation 23% · Withdrawn or closed 17%
NCLT Bengaluru · 256 closed
Resolved 18% · Liquidation 52% · Withdrawn or closed 29%
Resolved cases in this sector: creditors' typical haircut 69.3% n=41
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4 sections of this case are locked.

Company & MCA recordTimeline & key dates · 1 tribunal orderProfessionalsIntelligence note
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