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Home/ Cases/ Power & Energy/ BGR Energy Systems Limited
● Under CIRP

BGR Energy Systems Limited

Corporate insolvency resolution — proceedings ongoing · source: IBBI list of newly admitted cases

Sector Power & Energy Bench NCLT Amaravati Last process activity 6 months ago · tribunal order

Claims — past the ninety-day period. The ninety days from admission that regulation 12 allows ended 3 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 Amaravati bench on a petition by a financial creditor. Current status: Under CIRP.

In the insolvency process for
6 mo
This case
NCLT Amaravati 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 = 65 / 4,616). Pre-packs left out.
The company
Listed public limited company in Power & Energy, registered in Andhra Pradesh
Where the process stands
Admitted→Public announcement→Resolution plan or liquidation
How cases like this ended
Power & Energy · 214 closed
Resolved 28% · Liquidation 45% · Withdrawn or closed 27%
NCLT Amaravati · 102 closed
Resolved 19% · Liquidation 46% · Withdrawn or closed 35%
Resolved cases in this sector: creditors' typical haircut 82.0% n=58
Liquidations in this sector: typical recovery 4.7% of claims n=37
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FinancialsCompany & MCA recordTimeline & key dates · 16 tribunal ordersProfessionalsIntelligence note
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