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Home/ Cases/ Machinery & Equipment/ Hi Tech Air Power Private Limited
Liquidation — dissolved

Hi Tech Air Power Private Limited

Corporate insolvency — liquidated & dissolved · source: NCLT order, 3 Feb 2025

Sector Machinery & Equipment Bench NCLT Bengaluru Last process activity 20 months ago · public announcement

Case record

at a glance

Admitted by the Bengaluru bench on a petition by a financial creditor. Current status: Liquidation — Dissolved.

Admission to liquidation order
1 yr
This case
NCLT Bengaluru median · 11 mo
All India median · 1 yr 1 mo
Medians: time from admission to a liquidation order, over closed cases (n = 114 / 3,073). Pre-packs left out.
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Resolved 10% · Liquidation 56% · Withdrawn or closed 34%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Resolved 18% · Liquidation 52% · Withdrawn or closed 30%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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8 sections of this case are locked.

Admitted claims & creditor classesRecovery & distributionCommittee of creditorsCompany & MCA recordTimeline & key dates · 6 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note
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