Kupps & Sachs India Private Limited

Corporate insolvency resolution — proceedings ongoing · source: IBBI list of newly admitted cases

The order records the Corporate Debtor's statement that it is a certified turnkey contractor with experience in the design, engineering, manufacturing, supply and commissioning of integrated industrial packages. Registered office (as then recorded): No. #143, 4th Main Road, Balamurugan Gardens, OMR (Rajiv Gandhi Road), Thuraipakkam, Chennai.

Sector Machinery & Equipment Bench NCLT Chennai Last process activity 14 days ago · public announcement · active

Case record

at a glance

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

In the insolvency process for

24 days

This case

NCLT Chennai median · 1 yr 1 mo

All India median · 1 yr 3 mo

Medians: time from admission to a plan or a liquidation order, over closed cases (n = 493 / 4,609). Pre-packs left out.

The company

Company in Machinery & Equipment, registered in Tamil Nadu

Where the process stands

Admitted→Public announcement→Resolution plan or liquidation

How cases like this ended

Machinery & Equipment · 403 closed

Resolved 10% · Liquidation 56% · Withdrawn or closed 34%

NCLT Chennai · 681 closed

Resolved 15% · Liquidation 60% · Withdrawn or closed 25%

Resolved cases in this sector: creditors' typical haircut 79.4% n=38

Liquidations in this sector: typical recovery 2.9% of claims n=38

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Company & MCA recordTimeline & key dates · 1 tribunal orderProfessionalsIntelligence note

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