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Home/ Cases/ Cement, Glass & Ceramics/ Bhilai Jaypee Cement Limited
● Under CIRP

Bhilai Jaypee Cement Limited

Corporate insolvency resolution — proceedings ongoing · source: IBBI public notice inviting Expression of Interest (EoI)

Business: cement plant operations; address at Bhilai Jaypee Grinding Plant, Bhilai Steel Plant premises, Bhilai, Chhattisgarh.

Sector Cement, Glass & Ceramics Bench NCLT Cuttack Last process activity 3 months ago · claims re-verified

Claims — past the ninety-day period. The ninety days from admission that regulation 12 allows ended 9 months 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 Cuttack bench on a petition by an operational creditor. Current status: Under CIRP.

In the insolvency process for
1 yr
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
Public limited company in Cement, Glass & Ceramics, registered in Chhattisgarh
Admitted claims
₹500–2,000 Cr
Where the process stands
Admitted→Public announcement→Claims collected→Expression of Interest invited→Resolution plan or liquidation
How cases like this ended
Cement, Glass & Ceramics · 37 closed
Resolved 70% · Liquidation 22% · Withdrawn or closed 8%
NCLT Cuttack · 77 closed
Resolved 21% · Liquidation 42% · Withdrawn or closed 38%
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Admitted claims & creditor classesCommittee of creditorsFinancialsCompany & MCA recordTimeline & key dates · 4 tribunal ordersProfessionalsIntelligence note
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