In the insolvency process for
6 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 Other Services, registered in Karnataka
Admitted claims
₹10–100 Cr
Where the process stands
Admitted→Public announcement→Claims collected→Resolution plan or liquidation
How cases like this ended
Other Services · 1,227 closed
Resolved 14% · Liquidation 48% · Withdrawn or closed 38%
NCLT Bengaluru · 256 closed
Resolved 18% · Liquidation 52% · Withdrawn or closed 29%
Resolved cases in this sector: creditors' typical haircut 78.7% n=163
Liquidations in this sector: typical recovery 0.7% of claims n=127