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Home/ Cases/ Power & Energy/ BGR Energy Systems Limited
Withdrawn

BGR Energy Systems Limited

CIRP withdrawn · source: order listed by IBBI, 4 Sep 2023

Sector Power & Energy Bench NCLT Amaravati Last process activity 3 years ago · tribunal order

Case record

at a glance

Admitted by the Amaravati bench on a petition by an operational creditor. Current status: Withdrawn.

Admission to closure
3 days
This case
All India median · 4 mo
Medians: time from admission to withdrawal or closure, over closed cases (n = 1,667). Pre-packs left out.
The company
Listed public limited company in Power & Energy, registered in Andhra Pradesh
Where the process stands
Admitted→Withdrawn
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Resolved 28% · Liquidation 45% · Withdrawn or closed 27%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Resolved 19% · Liquidation 46% · Withdrawn or closed 35%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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4 sections of this case are locked.

Company & MCA recordTimeline & key dates · 16 tribunal ordersProfessionalsIntelligence note
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