We use a session cookie and first-party analytics to run this site — no third-party trackers, no ads. Details in our Privacy Policy.
New researchThe sub-₹100 crore acquisition market, sized.Read the research →
Home/ Cases/ IT, Telecom & Media/ Sobha Renassiance Information Technology India Private Limited (SRIT)
Withdrawn

Sobha Renassiance Information Technology India Private Limited (SRIT)

CIRP withdrawn · source: NCLAT order, 18 Sep 2019

Sector IT, Telecom & Media Bench NCLT Bengaluru

Case record

at a glance

Admitted by the Bengaluru bench. Current status: Withdrawn.

Admission to closure
33 days
This case
NCLT Bengaluru median · 5 mo
All India median · 4 mo
Medians: time from admission to withdrawal or closure, over closed cases (n = 66 / 1,667). Pre-packs left out.
The company
Public limited company in IT, Telecom & Media, registered in Karnataka
Where the process stands
Admitted→Withdrawn
How cases like this ended
IT, Telecom & Media · 105 closed
Resolved 35% · Liquidation 51% · Withdrawn or closed 13%
NCLT Bengaluru · 256 closed
Resolved 18% · Liquidation 52% · Withdrawn or closed 29%
Resolved cases in this sector: creditors' typical haircut 87.0% n=35
Liquidations in this sector: typical recovery 0.8% of claims n=33
Subscriber access

Full case intelligence is gated

This page's financial detail is available to merc.in subscribers — for ARCs, PE funds and resolution professionals.

4 sections of this case are locked.

Company & MCA recordTimeline & key dates · 2 tribunal ordersProfessionalsIntelligence note
See plans →
Sources, basis and disclaimers → ·
report an error