Intelligence note
Admitted to insolvency on 24 Mar 2026 by the New Delhi bench, on a petition by Telenetix private limited (an operational creditor). The admission order dates the default to 28 Mar 2022, 4.0 years before admission. The process is 183 days old as of 23 Sep 2026; cases that ended in a resolution plan took a median of 627 days. Ashu Gupta is the resolution professional. The window for expressions of interest closed on 21 Sep 2026; the invitation has been issued 3 times. The professional in charge was replaced once.
Case details
CIN
U84200DL1992PLC219215
Incorporated
1992
Registered State
Delhi
NCLT Bench
New Delhi
Petition
CP IB NO. 461/(ND)/2024
Initiated by
OC — Telenetix private limited
Public Announcement
28 Mar 2026
EoI Last Date
21 Sep 2026
PRA List Date
01 Oct 2026
Objections By
06 Oct 2026
Date of Default (per admission order)
28 Mar 2022
Commencement
24 Mar 2026
NCLT New Delhi: median 524 days admission → verdict · 36% of concluded matters ended in plan approval (n=780, full record) · all benches →
Recent movement
06 Sep 2026
Expressions of interest invited
Form G round 2 | RP: Siddhant Agrawal | EoI closes 06 Sep 2026
06 Sep 2026
Resolution professional replaced
RP changed: Ms. Ashu Gupta -> Siddhant Agrawal (Form G round dated 06 Sep 2026)
06 Sep 2026
EoI window closed
EoI window closed | 2 rounds held
21 Sep 2026
EoI deadline
Last date for expressions of interest from resolution applicants
Ongoing
Under CIRP — outcome awaited
No resolution plan approval or liquidation order yet in our sources
EoI / Form-G detail
Plan submission by
06 Oct 2026
Case timeline
24 Mar 2026
CIRP admitted — NCLT order
Insolvency commencement date — the statutory clock runs from here · NCLT New Delhi
28 Mar 2026
Public announcement
Admission announced — claims invited
27 Jun 2026
Expressions of interest invited
RP: Ms. Ashu Gupta
27 Jun 2026
EoI window closed
EoI window closed | 1 round held
06 Sep 2026
Expressions of interest invited
Form G round 2 | RP: Siddhant Agrawal | EoI closes 06 Sep 2026
06 Sep 2026
Resolution professional replaced
RP changed: Ms. Ashu Gupta -> Siddhant Agrawal (Form G round dated 06 Sep 2026)
06 Sep 2026
EoI window closed
EoI window closed | 2 rounds held
21 Sep 2026
EoI deadline
Last date for expressions of interest from resolution applicants
Ongoing
Under CIRP — outcome awaited
No resolution plan approval or liquidation order yet in our sources
6 months elapsed · in cirp so far
Company
Type
Public · Company limited by shares
Listing
Unlisted
Incorporated
13 Jul 1992
Authorised capital
Rs 65.00 Cr
Paid-up capital
Rs 54.50 Cr
Industry (MCA)
Others
ROC
ROC Delhi
Company status
Under CIRP
Registered address
Flat Nos. 502 & 503, 5th Floor, Arunachal Building, 19, Barakhamba Road,New Delhi,New Delhi,Delhi,110001-India
Claims filing history
Operational creditors ↓
2 ↓
3 ↓
4 ↓
Other stakeholders ↓
Secured FC — class of creditors ↓
Secured financial creditors ↓
FC — class of creditors (homebuyer-type) ↓
Unsecured financial creditors ↓
| Creditor class | Claimed | Admitted | Admitted % |
|---|---|---|---|
| Operational creditors | Rs 84.03 Cr | — | — |
| Secured financial creditors | Rs 9.82 Cr | Rs 9.82 Cr | 100% |
| Other stakeholders (list printed NIL) | Rs 0 | Rs 0 | — |
| FC — class of creditors (homebuyer-type) (list printed NIL) | Rs 0 | Rs 0 | — |
| Secured FC — class of creditors (list printed NIL) | Rs 0 | Rs 0 | — |
| Unsecured financial creditors (list printed NIL) | Rs 0 | Rs 0 | — |
| Total of listed classes | Rs 93.84 Cr | partial | — |
v4 · latest
as on 23 Jun 2026 · filed by Ms. Ashu Gupta
v3
as on 25 May 2026 · filed by Ms. Ashu Gupta
v2
as on 07 May 2026 · filed by Ms. Ashu Gupta
v1
as on 15 Apr 2026 · filed by Ms. Ashu Gupta
Sources, basis and disclaimers → ·
report an error
Key parties
IRP at commencement
Ashu Gupta → · Mar 2026
CIRP initiated by
Telenetix private limited OC
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