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Home/ Cases/ Other Services/ Parity Systems Pvt Ltd
Withdrawn

Parity Systems Pvt Ltd

CIRP withdrawn under Section 12A · registry: 12A-WITHDRAWN · source: order listed by IBBI, 17 Dec 2021

Sector Other Services Bench NCLT Hyderabad

Case record

at a glance

Admitted by the Hyderabad bench on a petition by an operational creditor. Current status: Withdrawn.

Admission to closure
16 days
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 Other Services, registered in Telangana
Where the process stands
Admitted→Withdrawn
How cases like this ended
Other Services · 1,227 closed
Resolved 14% · Liquidation 48% · Withdrawn or closed 38%
NCLT Hyderabad · 483 closed
Resolved 26% · Liquidation 45% · Withdrawn or closed 29%
Resolved cases in this sector: creditors' typical haircut 78.7% n=163
Liquidations in this sector: typical recovery 0.7% of claims n=127
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4 sections of this case are locked.

Company & MCA recordTimeline & key dates · 2 tribunal ordersProfessionalsIntelligence note
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