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Home/ Cases/ Logistics & Transport/ Air Pegasus Private Limited
CIRP — dissolved without liquidation

Air Pegasus Private Limited

Corporate insolvency — dissolved by the NCLT without liquidation · source: NCLT order, 24 Jun 2020

Sector Logistics & Transport Bench NCLT Bengaluru

Case record

at a glance

Admitted by the Bengaluru bench on a petition by an operational creditor. Current status: Dissolved without liquidation.

Admission to dissolution
10 mo
This case
NCLT Bengaluru median · 11 mo
All India median · 1 yr 1 mo
Medians: time from admission to a liquidation order, over closed cases (n = 115 / 3,079). Pre-packs left out.
The company
Private limited company in Logistics & Transport, registered in Karnataka
Admitted claims
₹10–100 Cr
Where the process stands
Admitted→Dissolved without liquidation
How cases like this ended
Logistics & Transport · 179 closed
Resolved 12% · Liquidation 58% · Withdrawn or closed 30%
NCLT Bengaluru · 257 closed
Resolved 18% · Liquidation 52% · Withdrawn or closed 30%
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8 sections of this case are locked.

Admitted claims & creditor classesRecovery & distributionCommittee of creditorsCompany & MCA recordTimeline & key dates · 6 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note
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