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Home/ Cases/ Textiles & Apparel/ Shri Gumandev Processors Private Limited
● Under CIRP

Shri Gumandev Processors Private Limited

Corporate insolvency resolution — proceedings ongoing · source: IBBI register

Sector Textiles & Apparel Bench NCLT Ahmedabad Last process activity 24 months ago · public announcement

Claims — past the ninety-day period. The ninety days from admission that regulation 12 allows ended 21 months 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 Ahmedabad bench. Current status: Under CIRP.

In the insolvency process for
1 yr 11 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 Textiles & Apparel, registered in Gujarat
Where the process stands
Admitted→Resolution plan or liquidation
How cases like this ended
Textiles & Apparel · 442 closed
Resolved 19% · Liquidation 55% · Withdrawn or closed 27%
NCLT Ahmedabad · 630 closed
Resolved 23% · Liquidation 49% · Withdrawn or closed 28%
Resolved cases in this sector: creditors' typical haircut 81.1% n=80
Liquidations in this sector: typical recovery 5.8% of claims n=84
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Company & MCA recordTimeline & key dates · 4 tribunal ordersProfessionalsIntelligence note
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