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Home/ Cases/ Machinery & Equipment/ GNB Technologies (India) Private Limited
Liquidation — dissolved

GNB Technologies (India) Private Limited

Corporate insolvency — liquidated & dissolved · source: order listed by IBBI, 6 Aug 2021

Sector Machinery & Equipment Bench NCLT Bengaluru Last process activity 5.2 years ago · tribunal order

Case record

at a glance

Admitted by the Bengaluru bench on its own application. Current status: Liquidation — Dissolved.

The company
Private limited company in Machinery & Equipment, registered in Karnataka
Where the process stands
Admitted→Liquidation ordered→Dissolved
How cases like this ended
Machinery & Equipment · 403 closed
Resolved 10% · Liquidation 56% · Withdrawn or closed 34%
NCLT Bengaluru · 256 closed
Resolved 18% · Liquidation 52% · Withdrawn or closed 30%
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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Admitted claims & creditor classesRecovery & distributionCommittee of creditorsCompany & MCA recordTimeline & key dates · 3 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note
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