Creditsavvy Technologies Private Limited

Corporate insolvency resolution — proceedings ongoing · source: IBBI public notice inviting Expression of Interest (EoI)

Business: software technology company, per its counsel; registered office at The Corenthum, Sector 62, Noida.

Sector IT, Telecom & Media Bench NCLT Allahabad Last process activity 44 days ago · Form G EoI deadline · active

Case record

at a glance

Admitted by the Allahabad bench on a petition by a financial creditor. Current status: Under CIRP.

In the insolvency process for

4 mo

This case

NCLT Allahabad median · 1 yr 8 mo

All India median · 1 yr 3 mo

Medians: time from admission to a plan or a liquidation order, over closed cases (n = 100 / 4,616). Pre-packs left out.

The company

Private limited company in IT, Telecom & Media, registered in Uttar Pradesh

Admitted claims

Under ₹10 Cr

Where the process stands

Admitted→Public announcement→Claims collected→Expression of Interest invited→Resolution plan or liquidation

How cases like this ended

IT, Telecom & Media · 105 closed

Resolved 35% · Liquidation 51% · Withdrawn or closed 13%

NCLT Allahabad · 167 closed

Resolved 26% · Liquidation 34% · Withdrawn or closed 40%

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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6 sections of this case are locked.

Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 1 tribunal orderProfessionalsIntelligence note

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