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Home/ Cases/ IT, Telecom & Media/ Bhash Software Labs Private Limited
Admission Set Aside

Bhash Software Labs Private Limited

Corporate insolvency — admission set aside on appeal (NCLAT) · registry: ALLOWED · source: order listed by IBBI, 29 Aug 2017

Sector IT, Telecom & Media Bench NCLT Chennai

Case record

at a glance

Admitted by the Chennai bench. Current status: Admission Set Aside.

Admission to closure
2 mo
This case
NCLT Chennai median · 3 mo
All India median · 4 mo
Medians: time from admission to withdrawal or closure, over closed cases (n = 143 / 1,667). Pre-packs left out.
The company
Private limited company in IT, Telecom & Media, registered in Tamil Nadu
Where the process stands
Admitted→Admission Set Aside
How cases like this ended
IT, Telecom & Media · 105 closed
Resolved 35% · Liquidation 51% · Withdrawn or closed 13%
NCLT Chennai · 681 closed
Resolved 15% · Liquidation 60% · Withdrawn or closed 25%
Resolved cases in this sector: creditors' typical haircut 87.0% n=35
Liquidations in this sector: typical recovery 0.8% of claims n=33
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Company & MCA recordTimeline & key dates · 2 tribunal ordersIntelligence note
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