Sarga Hotel Private Limited

Corporate insolvency — admission set aside on appeal (NCLAT) · source: NCLAT order, 27 Aug 2021

Sector Hospitality & Leisure Bench NCLT Kolkata

Case record

at a glance

Admitted by the Kolkata bench. Current status: Admission Set Aside.

Admission to closure

1 yr

This case

NCLT Kolkata median · 3 mo

All India median · 4 mo

Medians: time from admission to withdrawal or closure, over closed cases (n = 153 / 1,667). Pre-packs left out.

The company

Private limited company in Hospitality & Leisure, registered in West Bengal

Where the process stands

Admitted→Admission Set Aside

How cases like this ended

Hospitality & Leisure · 71 closed

Resolved 61% · Liquidation 23% · Withdrawn or closed 17%

NCLT Kolkata · 756 closed

Resolved 24% · Liquidation 47% · Withdrawn or closed 29%

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 · 22 tribunal ordersProfessionalsIntelligence note

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