Sterne India Private Limited

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

Business: Designs, manufactures, trades and supplies electronic and electrical goods and home appliances, and renders logistics services; registered office at Bellandur, Bengaluru.

Sector Electronics & Electricals Bench NCLT Bengaluru Last process activity 8 months ago · claims re-verified

Case record

at a glance

Admitted by the Bengaluru bench on a petition by an operational creditor. Current status: Under CIRP.

In the insolvency process for

1 yr 6 mo

This case

NCLT Bengaluru median · 1 yr

All India median · 1 yr 3 mo

Medians: time from admission to a plan or a liquidation order, over closed cases (n = 162 / 4,616). Pre-packs left out.

The company

Private limited company in Electronics & Electricals, registered in Karnataka

Where the process stands

Admitted→Public announcement→Claims collected→Expression of Interest invited→Resolution plan or liquidation

How cases like this ended

Electronics & Electricals · 84 closed

Resolved 50% · Liquidation 48% · Withdrawn or closed 2%

NCLT Bengaluru · 256 closed

Resolved 18% · Liquidation 52% · Withdrawn or closed 29%

Resolved cases in this sector: creditors' typical haircut 83.5% n=40

Liquidations in this sector: typical recovery 2.3% of claims n=32

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.

7 sections of this case are locked.

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

See plans →

Sources, basis and disclaimers → ·

report an error