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Home/ Cases/ Steel & Metals/ G & L Profile and Equipments Private Limited
● Under CIRP

G & L Profile and Equipments Private Limited

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

Business: aluminium extrusion profiles, equipment, dies and tools at Savli, Vadodara.

Sector Steel & Metals Bench NCLT Ahmedabad Last process activity 2 months ago · claims re-verified · active

Owed money by this company? The date in the public announcement has passed, but regulation 12 still allows a claim for 12 more days, or longer if the request for resolution plans has not yet gone out. How to file your claim →

Case record

at a glance

Admitted by the Ahmedabad bench on a petition by a financial creditor. Current status: Under CIRP. An Expression of Interest (EoI) invitation is open — it closes in 1 day.

In the insolvency process for
2 mo
This case
NCLT Ahmedabad median · 1 yr 3 mo
All India median · 1 yr 3 mo
Medians: time from admission to a plan or a liquidation order, over closed cases (n = 449 / 4,609). Pre-packs left out.
The company
Private limited company in Steel & Metals, registered in Gujarat
Admitted claims
Under ₹10 Cr
Where the process stands
Admitted→Public announcement→Claims collected→Expression of Interest invited→Resolution plan or liquidation
How cases like this ended
Steel & Metals · 274 closed
Resolved 62% · Liquidation 31% · Withdrawn or closed 7%
NCLT Ahmedabad · 630 closed
Resolved 23% · Liquidation 49% · Withdrawn or closed 28%
Resolved cases in this sector: creditors' typical haircut 82.0% n=165
Liquidations in this sector: typical recovery 3.8% of claims n=65
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Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 2 tribunal ordersProfessionalsIntelligence note
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