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Home/ Cases/ Machinery & Equipment/ Powerdeal Energy Systems (India) Pvt. Ltd.
✓ Resolved — plan approved

Powerdeal Energy Systems (India) Pvt. Ltd.

Corporate insolvency resolution — resolution plan approved · source: NCLT order, 16 Oct 2025

Sector Machinery & Equipment Bench NCLT Mumbai Last process activity 3 months ago · tribunal order
Acquired by
Bhupendra Shantilal Shah
Named in the NCLT plan-approval order.

Case record

at a glance

Admitted by the Mumbai bench on a petition by a financial creditor. Current status: Resolved.

Admission to plan approval
1 yr 3 mo
This case
NCLT Mumbai median · 1 yr 10 mo
All India median · 1 yr 8 mo
Medians: time from admission to plan approval, over closed cases (n = 432 / 1,536). Pre-packs left out.
The company
Private limited company in Machinery & Equipment, registered in Maharashtra
Admitted claims
₹500–2,000 Cr
Where the process stands
Admitted→Expression of Interest invited→Resolution plan approved
How cases like this ended
Machinery & Equipment · 403 closed
Resolved 10% · Liquidation 56% · Withdrawn or closed 34%
NCLT Mumbai · 1,753 closed
Resolved 25% · Liquidation 48% · Withdrawn or closed 27%
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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Admitted claims & creditor classesRecovery, haircut & plan valueCommittee of creditorsFinancialsCompany & MCA recordTimeline & key dates · 5 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note
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