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Home/ Cases/ Power & Energy/ Novus Green Energy Systems Limited
Round concluded

Novus Green Energy Systems Limited

Corporate insolvency — this round concluded; outcome being traced from the orders · source: IBBI register

Sector Power & Energy Bench NCLT Hyderabad Last process activity 4.4 years ago · public announcement

Case record

at a glance

Admitted by the Hyderabad bench on a petition by an operational creditor. Current status: Round Concluded.

The company
Public limited company in Power & Energy, registered in Telangana
Where the process stands
Admitted→Round Concluded
How cases like this ended
Power & Energy · 204 closed
Resolved 29% · Liquidation 48% · Withdrawn or closed 23%
NCLT Hyderabad · 459 closed
Resolved 27% · Liquidation 47% · Withdrawn or closed 26%
Resolved cases in this sector: creditors' typical haircut 82.1% n=57
Liquidations in this sector: typical recovery 4.7% of claims n=37
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4 sections of this case are locked.

Company & MCA recordTimeline & key dates · 3 tribunal ordersProfessionalsIntelligence note
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