IRIS Electro Optics Private Limited

Corporate insolvency — admission recalled by the NCLT · registry: CIRP Recalled · source: NCLT order, 14 Feb 2022

Sector Machinery & Equipment Bench NCLT Hyderabad Last process activity 3.2 years ago · tribunal order

Case record

at a glance

Admitted by the Hyderabad bench on a petition by a financial creditor. Current status: Admission Recalled.

Admission to closure

2 yr 10 mo

This case

NCLT Hyderabad median · 4 mo

All India median · 4 mo

Medians: time from admission to withdrawal or closure, over closed cases (n = 100 / 1,667). Pre-packs left out.

The company

Private limited company in Machinery & Equipment, registered in Telangana

Where the process stands

Admitted→Admission Recalled

How cases like this ended

Machinery & Equipment · 403 closed

Resolved 10% · Liquidation 56% · Withdrawn or closed 34%

NCLT Hyderabad · 483 closed

Resolved 26% · Liquidation 45% · Withdrawn or closed 29%

Resolved cases in this sector: creditors' typical haircut 79.4% n=38

Liquidations in this sector: typical recovery 2.9% of claims n=38

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6 sections of this case are locked.

Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 4 tribunal ordersProfessionalsIntelligence note

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