Helios Photo Voltaic Limited

Corporate insolvency resolution — resolution plan approved · source: NCLT order, 22 Jan 2025

Sector Power & Energy Bench NCLT New Delhi Last process activity 17 months ago · tribunal order

Acquired by

OCL Iron and Steel Limited

Named in the NCLT plan-approval order.

Case record

at a glance

Admitted by the New Delhi bench on a petition by a financial creditor. Current status: Resolved.

Admission to plan approval

1 yr

This case

NCLT New Delhi median · 1 yr 10 mo

All India median · 1 yr 8 mo

Medians: time from admission to plan approval, over closed cases (n = 275 / 1,536). Pre-packs left out.

The company

Public limited company in Power & Energy, registered in Delhi

Admitted claims

Over ₹2,000 Cr

Where the process stands

Admitted→Expression of Interest invited→Resolution plan approved

How cases like this ended

Power & Energy · 214 closed

Resolved 28% · Liquidation 45% · Withdrawn or closed 27%

NCLT New Delhi · 1,372 closed

Resolved 20% · Liquidation 37% · Withdrawn or closed 42%

Resolved cases in this sector: creditors' typical haircut 82.0% n=58

Liquidations in this sector: typical recovery 4.7% of claims n=37

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Admitted claims & creditor classesRecovery, haircut & plan valueCommittee of creditorsFinancialsCompany & MCA recordTimeline & key dates · 14 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note

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