Velex Logistics Private Limited

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

Business: courier services from Mumbai, with branches across India, per company social profile.

Sector Logistics & Transport Bench NCLT Mumbai Last process activity today · Form G EoI deadline · active

Case record

at a glance

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

In the insolvency process for

2 mo

This case

NCLT Mumbai median · 1 yr 6 mo

All India median · 1 yr 3 mo

Medians: time from admission to a plan or a liquidation order, over closed cases (n = 1,244 / 4,609). Pre-packs left out.

The company

Private limited company in Logistics & Transport, registered in Maharashtra

Admitted claims

₹100–500 Cr

Where the process stands

Admitted→Public announcement→Claims collected→Expression of Interest invited→Resolution plan or liquidation

How cases like this ended

Logistics & Transport · 178 closed

Resolved 12% · Liquidation 58% · Withdrawn or closed 30%

NCLT Mumbai · 1,753 closed

Resolved 25% · Liquidation 48% · Withdrawn or closed 27%

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Admitted claims & creditor classesCommittee of creditorsFinancialsCompany & MCA recordTimeline & key dates · 1 tribunal orderProfessionalsIntelligence note

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