Landmark cases
India’s landmark insolvency cases, read in full.
24 of India’s largest insolvency cases and 6 small-ticket resolutions — every dossier open without an account.
Figures are IBBI’s, ₹ crore as filed · paise per ₹1 against the median of 22.0 across 1,449 approved plans (pre-packs apart) · methodology · report an error
Where the 30 landmark cases ended
22plan approved7sent to liquidation1still under CIRP
Paid more than the 22.0 paise median10
Paid less than the median10
of the 20 approved plans that carry a figure · paise per ₹1 of admitted claims
The largest cases
21
Ruchi Soya Industries LimitedNCLT Mumbai · Acquirer: Consortium of Patanjali Ayurved Limited, Divya Yog Mandir Trust, Patanj…
₹12,146 Cradmitted claims
35 paise per ₹1 to creditors — a ₹4,223 Cr plan
13 paise above the median · plan approved Jul 2019 · 586 days in CIRP
22
Monnet Ispat & Energy Ltd.NCLT Mumbai · Acquirer: Consortium of AION Investments Private II Limited and JSW Steel Limited
₹11,478 Cradmitted claims
25 paise per ₹1 to creditors — a ₹2,917 Cr plan
3 paise above the median · plan approved Jul 2018 · 371 days in CIRP
23
Pancard Clubs LimitedNCLT Mumbai · Acquirer: Chemhub Tradelink Private Limited
₹8,934 Cradmitted claims
7.8 paise per ₹1 to creditors — a ₹697 Cr plan
14 paise below the median · plan approved Apr 2024 · 594 days in CIRP
24
Deccan Chronicle Holdings Ltd.NCLT Hyderabad · Acquirer: SREI Multiple Asset Investment Trust-Vision India Fund
₹8,349 Cradmitted claims
4.5 paise per ₹1 to creditors — a ₹378 Cr plan
17 paise below the median · plan approved Jun 2019 · 698 days in CIRP
Small-ticket examples
25
Gf Toll Road Private LimitedNCLT Mumbai · Acquirer: V K Gupta & Associates
₹501 Cradmitted claims
16 paise per ₹1 to creditors — a ₹81.83 Cr plan
6 paise below the median · plan approved Feb 2026 · 488 days in CIRP
26
Shubhada Tool Industries Private LimitedNCLT Mumbai · Acquirer: Cian Agro Industries & Infrastructure Limited
₹58.13 Cradmitted claims
16 paise per ₹1 to creditors — a ₹9.55 Cr plan
6 paise below the median · plan approved Mar 2026 · 431 days in CIRP
27
Evyavan Mercantile Private LimitedNCLT Mumbai · Acquirer: Mr. Bijay Kumar Dokania
₹48.26 Cradmitted claims
0.9 paise per ₹1 to creditors — a ₹45.00 L plan
21 paise below the median · plan approved Feb 2026 · 844 days in CIRP
28
Redkenko Health Tech Private LimitedNCLT Mumbai · Acquirer: MKS Constro-Venture Private Limited
₹25.68 Cradmitted claims
15 paise per ₹1 to creditors — a ₹3.90 Cr plan
7 paise below the median · plan approved Mar 2026 · 459 days in CIRP
29
Pushp Ratna Realty Private LimitedNCLT Indore · Acquirer: Mr. Rajendra Hirani
₹23.96 Cradmitted claims
100 paise per ₹1 to creditors — a ₹23.96 Cr plan
78 paise above the median · plan approved Mar 2026 · 509 days in CIRP
30
Classic Corrugations Private LimitedNCLT Ahmedabad · Acquirer: Sonal Sumit Mehta Jointly with Credex Trading
₹14.60 Cradmitted claims
48 paise per ₹1 to creditors — a ₹7.07 Cr plan
26 paise above the median · plan approved Mar 2026 · 433 days in CIRP
Which cases appear here is a hand-picked list; every figure beside them is from the public record. Admitted claims and plan value are IBBI’s figures at approval (liquidation rows: at the liquidation order); days in CIRP run from the insolvency commencement date to the approval or liquidation order. All resolved cases →All liquidations →Sources and disclaimers