DAON Auto Parts India Private Limited

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

Manufactures automobile components, predominantly job work for HSI Automotives Private Limited.

Sector Auto & Components Bench NCLT Chennai Last process activity 8 days ago · claims re-verified · active

Case record

at a glance

Admitted by the Chennai bench on its own application. Current status: Under CIRP.

In the insolvency process for

3 mo

This case

NCLT Chennai median · 1 yr 1 mo

All India median · 1 yr 3 mo

Medians: time from admission to a plan or a liquidation order, over closed cases (n = 493 / 4,609). Pre-packs left out.

The company

Private limited company in Auto & Components, registered in Tamil Nadu

Admitted claims

₹10–100 Cr

Where the process stands

Admitted→Public announcement→Claims collected→Resolution plan or liquidation

How cases like this ended

Auto & Components · 30 closed

Resolved 57% · Liquidation 23% · Withdrawn or closed 20%

NCLT Chennai · 681 closed

Resolved 15% · Liquidation 60% · Withdrawn or closed 25%

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6 sections of this case are locked.

Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 1 tribunal orderProfessionalsIntelligence note

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