Case record
Admitted by the Chennai bench on a petition by a financial creditor. Current status: Under CIRP.
In the insolvency process for
2 mo
Medians: time from admission to a plan or a liquidation order, over closed cases (n = 493 / 4,616). Pre-packs left out.
The company
Private limited company in Power & Energy, registered in Tamil Nadu
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Resolved 28% · Liquidation 45% · Withdrawn or closed 27%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 Chennai · 681 closed
Resolved 15% · Liquidation 60% · Withdrawn or closed 25%
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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Company & MCA recordTimeline & key dates · 2 tribunal ordersProfessionalsIntelligence note
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