Essel Highways Limited

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

Business: provides infrastructure construction services; registered office at Kohinoor City, Kurla (West), Mumbai.

Sector Construction & Infrastructure Bench NCLT Mumbai Last process activity 14 months ago · Form G EoI deadline

Case record

at a glance

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

In the insolvency process for

1 yr 7 mo

This case

NCLT Mumbai median · 1 yr 6 mo

All India median · 1 yr 3 mo

Medians: time from admission to a plan or a liquidation order, over closed cases (n = 1,244 / 4,609). Pre-packs left out.

The company

Public limited company in Construction & Infrastructure, registered in Maharashtra

Admitted claims

Over ₹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

Construction & Infrastructure · 779 closed

Resolved 25% · Liquidation 34% · Withdrawn or closed 41%

NCLT Mumbai · 1,753 closed

Resolved 25% · Liquidation 48% · Withdrawn or closed 27%

Resolved cases in this sector: creditors' typical haircut 67.8% n=180

Liquidations in this sector: typical recovery 0.3% of claims n=43

Subscriber access

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

6 sections of this case are locked.

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

See plans →

report an error