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Home/ Cases/ Machinery & Equipment/ Versatile Process Control Private Limited
Withdrawn

Versatile Process Control Private Limited

CIRP withdrawn · source: order listed by IBBI, 27 Apr 2018

Sector Machinery & Equipment Bench NCLT Mumbai

Case record

at a glance

Admitted by the Mumbai bench. Current status: Withdrawn.

Admission to closure
25 days
This case
NCLT Mumbai median · 5 mo
All India median · 4 mo
Medians: time from admission to withdrawal or closure, over closed cases (n = 394 / 1,667). Pre-packs left out.
The company
Private limited company in Machinery & Equipment, registered in Maharashtra
Where the process stands
Admitted→Withdrawn
How cases like this ended
Machinery & Equipment · 403 closed
Resolved 10% · Liquidation 56% · Withdrawn or closed 34%
NCLT Mumbai · 1,753 closed
Resolved 25% · Liquidation 48% · Withdrawn or closed 27%
Resolved cases in this sector: creditors' typical haircut 79.4% n=38
Liquidations in this sector: typical recovery 2.9% of claims n=38
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4 sections of this case are locked.

Company & MCA recordTimeline & key dates · 2 tribunal ordersProfessionalsIntelligence note
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