Adhikar Microfinance Private Limited

Corporate insolvency resolution — proceedings ongoing · source: NCLT admission order, before the public announcement

Microfinance lender to women on the joint-liability group model, with a presence in Odisha, Chhattisgarh and Gujarat.

Sector Financial Services Bench NCLT Cuttack Last process activity 14 days ago · public announcement · active

Case record

at a glance

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

In the insolvency process for

17 days

This case

NCLT Cuttack 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 = 46 / 4,616). Pre-packs left out.

The company

Private limited company in Financial Services, registered in Odisha

Where the process stands

Admitted→Public announcement→Resolution plan or liquidation

How cases like this ended

Financial Services · 130 closed

Resolved 36% · Liquidation 48% · Withdrawn or closed 15%

NCLT Cuttack · 77 closed

Resolved 21% · Liquidation 42% · Withdrawn or closed 38%

Resolved cases in this sector: creditors' typical haircut 81.6% n=42

Subscriber access

This page's financial detail is available to merc.in subscribers — for ARCs, PE funds and resolution professionals.

4 sections of this case are locked.

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

See plans →

report an error