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Home/ Cases/ Financial Services/ M. G. Finvest Private Limited'
● Under CIRP

M. G. Finvest Private Limited'

Corporate insolvency resolution — proceedings ongoing · source: IBBI register

Sector Financial Services Bench NCLT New Delhi Last process activity 2.3 years ago · claims re-verified

Claims — past the ninety-day period. The ninety days from admission that regulation 12 allows ended 2.5 years 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 New Delhi bench on a petition by a financial creditor. Current status: Under CIRP.

In the insolvency process for
2 yr 8 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
Private limited company in Financial Services, registered in Delhi
Admitted claims
₹10–100 Cr
Where the process stands
Admitted→Claims collected→Resolution plan or liquidation
How cases like this ended
Financial Services · 130 closed
Resolved 36% · Liquidation 48% · Withdrawn or closed 15%
NCLT New Delhi · 1,372 closed
Resolved 20% · Liquidation 37% · Withdrawn or closed 42%
Resolved cases in this sector: creditors' typical haircut 81.6% n=42
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Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 1 tribunal orderProfessionalsIntelligence note
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