Cybercorp Limited

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

Business: cybersecurity, IoT and digital-transformation/workspace group, according to subsidiary Sundyne.

Sector IT, Telecom & Media Bench NCLT Kolkata Last process activity 15 days ago · public announcement · active

Case record

at a glance

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

In the insolvency process for

2 mo

This case

NCLT Kolkata median · 1 yr 1 mo

All India median · 1 yr 3 mo

Medians: time from admission to a plan or a liquidation order, over closed cases (n = 515 / 4,609). Pre-packs left out.

The company

Public limited company in IT, Telecom & Media, registered in West Bengal

Admitted claims

₹10–100 Cr

Where the process stands

Admitted→Public announcement→Claims collected→Resolution plan or liquidation

How cases like this ended

IT, Telecom & Media · 105 closed

Resolved 35% · Liquidation 51% · Withdrawn or closed 13%

NCLT Kolkata · 756 closed

Resolved 24% · Liquidation 47% · Withdrawn or closed 29%

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 · 2 tribunal ordersProfessionalsIntelligence note

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