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Home/ Cases/ IT, Telecom & Media/ Sreeven Infocom Ltd
● Under CIRP

Sreeven Infocom Ltd

Corporate insolvency resolution — proceedings ongoing · source: IBBI public notice inviting Expression of Interest (EoI)

Sector IT, Telecom & Media Bench NCLT Hyderabad Last process activity 3.4 years ago · Form G EoI deadline

Claims — past the ninety-day period. The ninety days from admission that regulation 12 allows ended 3.3 years ago. A claim filed now must state its reasons for the delay, and it is for the resolution professional to accept or reject it. How claims are filed →

Case record

at a glance

Admitted by the Hyderabad bench on a petition by a financial creditor. Current status: Under CIRP.

In the insolvency process for
3 yr 6 mo
This case
NCLT Hyderabad median · 1 yr 2 mo
All India median · 1 yr 3 mo
Medians: time from admission to a plan or a liquidation order, over closed cases (n = 334 / 4,609). Pre-packs left out.
The company
Public limited company in IT, Telecom & Media, registered in Telangana
Admitted claims
Under ₹10 Cr
Where the process stands
Admitted→Public announcement→Claims collected→Expression of Interest invited→Resolution plan or liquidation
How cases like this ended
IT, Telecom & Media · 105 closed
Resolved 35% · Liquidation 51% · Withdrawn or closed 13%
NCLT Hyderabad · 483 closed
Resolved 26% · Liquidation 45% · Withdrawn or closed 29%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
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6 sections of this case are locked.

Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 1 tribunal orderProfessionalsIntelligence note
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