Fourth Dimension Solutions Limited

Corporate insolvency — terminated by the NCLT · source: order listed by IBBI, 26 Apr 2019

Sector IT, Telecom & Media Bench NCLT New Delhi

Case record

at a glance

Admitted by the New Delhi bench on a petition by an operational creditor. Current status: CIRP Terminated.

Admission to closure

24 days

This case

NCLT New Delhi median · 4 mo

All India median · 4 mo

Medians: time from admission to withdrawal or closure, over closed cases (n = 448 / 1,667). Pre-packs left out.

The company

Listed public limited company in IT, Telecom & Media, registered in Delhi

Where the process stands

Admitted→CIRP Terminated

How cases like this ended

IT, Telecom & Media · 105 closed

Resolved 35% · Liquidation 51% · Withdrawn or closed 13%

NCLT New Delhi · 1,385 closed

Resolved 20% · Liquidation 37% · Withdrawn or closed 43%

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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4 sections of this case are locked.

Company & MCA recordTimeline & key dates · 6 tribunal ordersProfessionalsIntelligence note

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