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Home/ Cases/ Power & Energy/ Photon Energy System Limited
Withdrawn

Photon Energy System Limited

CIRP withdrawn · registry: WITHDRAWN · source: NCLT order, 20 Dec 2019

Sector Power & Energy 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 Current status: Withdrawn.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
9 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 Power & Energy, registered in Telangana
Where the process stands
Admitted→Withdrawn
How cases like this ended
Power & Energy · 214 closed
Resolved 28% · Liquidation 45% · Withdrawn or closed 27%
NCLT Hyderabad · 483 closed
Resolved 26% · Liquidation 45% · Withdrawn or closed 29%
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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4 sections of this case are locked.

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