Orbit Electromech India Private Limited

CIRP withdrawn · registry: Closure-12A / appeal/ review or settlement · source: IBBI register

Sector Machinery & Equipment Bench NCLT Mumbai

Case record

at a glance

Admitted by the Mumbai bench on a petition by an operational creditor. Current status: Withdrawn.

Admission to closure

6 mo

This case

NCLT Mumbai median · 5 mo

All India median · 5 mo

Medians: time from admission to withdrawal or closure, over closed cases (n = 323 / 1,376). Pre-packs left out.

The company

Private limited company in Machinery & Equipment, registered in Maharashtra

Where the process stands

Admitted→Withdrawn

How cases like this ended

Machinery & Equipment · 380 closed

Resolved 10% · Liquidation 59% · Withdrawn or closed 31%

NCLT Mumbai · 1,672 closed

Resolved 26% · Liquidation 50% · Withdrawn or closed 24%

Resolved cases in this sector: creditors' typical haircut 79.0% n=37

Liquidations in this sector: typical recovery 2.9% of claims n=38

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7 sections of this case are locked.

Admitted claims & creditor classesCommittee of creditorsFinancialsCompany & MCA recordTimeline & key dates · 4 tribunal ordersProfessionalsIntelligence note

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