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Home/ Cases/ IT, Telecom & Media/ Ogene Systems India Limited
CIRP — dissolved without liquidation

Ogene Systems India Limited

Corporate insolvency — dissolved by the NCLT without liquidation · source: NCLT order, 13 Apr 2023

Sector IT, Telecom & Media Bench NCLT Hyderabad

Case record

at a glance

Admitted by the Hyderabad bench on a petition by a financial creditor. Current status: Dissolved without liquidation.

Admission to dissolution
6 mo
This case
NCLT Hyderabad median · 1 yr 1 mo
All India median · 1 yr 1 mo
Medians: time from admission to a liquidation order, over closed cases (n = 209 / 3,073). Pre-packs left out.
The company
Public limited company in IT, Telecom & Media, registered in Telangana
Admitted claims
Under ₹10 Cr
Where the process stands
Admitted→Dissolved without liquidation
How cases like this ended
IT, Telecom & Media · 105 closed
Resolved 35% · Liquidation 51% · Withdrawn or closed 13%
NCLT Hyderabad · 483 closed
Resolved 26% · Liquidation 45% · Withdrawn or closed 29%
Resolved cases in this sector: creditors' typical haircut 87.0% n=35
Liquidations in this sector: typical recovery 0.8% of claims n=33
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8 sections of this case are locked.

Admitted claims & creditor classesRecovery & distributionCommittee of creditorsCompany & MCA recordTimeline & key dates · 2 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note
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