Dr.jain Video On Wheels Ltd

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

Sector Hospitality & Leisure Bench NCLT New Delhi Last process activity 14 months ago · tribunal order

Case record

at a glance

Admitted by the New Delhi bench on a petition by an operational creditor. Current status: Under CIRP.

In the insolvency process for

5 yr 4 mo

This case

NCLT New Delhi 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 = 770 / 4,609). Pre-packs left out.

The company

Public limited company in Hospitality & Leisure, registered in Delhi

Admitted claims

₹100–500 Cr

Where the process stands

Admitted→Public announcement→Claims collected→Expression of Interest invited→Resolution plan or liquidation

How cases like this ended

Hospitality & Leisure · 71 closed

Resolved 61% · Liquidation 23% · Withdrawn or closed 17%

NCLT New Delhi · 1,372 closed

Resolved 20% · Liquidation 37% · Withdrawn or closed 42%

Resolved cases in this sector: creditors' typical haircut 69.3% n=41

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6 sections of this case are locked.

Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 4 tribunal ordersProfessionalsIntelligence note

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