Stage 4: Delayed / Overdue (>270d / Stayed)·Manufacturing · Kolkata Bench·CIN: L26109WB1946PLC013294
Hindustan National Glass & Industries Ltd (HNGIL)
NCLT Case Number: CP(IB)/369/KB/2020
STAYED BY NCLAT/SC
Total Admitted Claims₹3338.00 CrCategory: >500Cr
CIRP Age & Statutory CapDay 1083 (Overdue)>330d Statutory Cap
Mandate AngleLitigation Unblocking & ARC DebtAdmission: 21 Oct 2021
Resolution ProfessionalGirish Sriram Junejagirish.juneja@ip-hngil.in
Litigation & Statutory Case Summary
Supreme Court stay on resolution plan implementation pending CCI antitrust competition review. Plants operational under RP. High-yield secondary distressed debt mandate opportunity.
Court Filing Repository (Cloudflare R2):Download Admission PDF
Statutory Audit Trail & Case Evolution
Admitted into CIRP2021-10-21
NCLT Kolkata Bench admitted petition by DBS Bank.
Supreme Court Stay on Plan Implementation2023-09-20
Stay ordered pending antitrust review.
Alpha Score™ Rating
Founder's Office Proprietary
68
Deep litigation delay (Day 1,083). Command of 50%+ of India's container glass supply; prime target for ARC debt buyout.
Asset Quality95/100
Legal Friction32/100
Turnaround76/100
Full Intelligence Breakdown
Unlock lender haircut expectations, order backlog analysis & litigation risk assessment.
Founder's Office & Co Desk
Targeting this corporate debtor for resolution plan submission, bilateral ARC acquisition, or interim finance? Obtain valuation audits and lender representation directly from our desk.
Lead Intake: k@foundersoffice.co