Sarga Udaipur Hotels & Resorts Privatelimited

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

Sector Hospitality & Leisure Bench NCLT Kolkata Last process activity 19 months ago · tribunal order

Case record

at a glance

Admitted by the Kolkata bench on its own application. Current status: Under CIRP.

In the insolvency process for

4 yr 5 mo

This case

NCLT Kolkata median · 1 yr 1 mo

All India median · 1 yr 3 mo

Medians: time from admission to a plan or a liquidation order, over closed cases (n = 515 / 4,609). Pre-packs left out.

The company

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

Admitted claims

₹10–100 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Resolved 61% · Liquidation 23% · Withdrawn or closed 17%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 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Resolved 24% · Liquidation 47% · Withdrawn or closed 29%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 · 4 tribunal ordersProfessionalsIntelligence note

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