Yashica Electronics Private Limited

Corporate insolvency — liquidation in process · source: NCLT order, 2 Sep 2021

Sector Trading & Distribution Bench NCLT Chennai Last process activity 22 months ago · tribunal order

Case record

at a glance

Admitted by the Chennai bench on a petition by an operational creditor. Current status: Liquidation.

Admission to liquidation order

1 yr 7 mo

This case

NCLT Chennai median · 11 mo

All India median · 1 yr 1 mo

Medians: time from admission to a liquidation order, over closed cases (n = 394 / 3,073). Pre-packs left out.

The company

Private limited company in Trading & Distribution, registered in Tamil Nadu

Admitted claims

Under ₹10 Cr

Where the process stands

Admitted→Liquidation ordered

How cases like this ended

Trading & Distribution · 812 closed

Resolved 15% · Liquidation 58% · Withdrawn or closed 27%

NCLT Chennai · 681 closed

Resolved 15% · Liquidation 60% · Withdrawn or closed 25%

Resolved cases in this sector: creditors' typical haircut 80.6% n=112

Liquidations in this sector: typical recovery 0.0% of claims n=113

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Admitted claims & creditor classesRecovery & distributionCommittee of creditorsCompany & MCA recordTimeline & key dates · 3 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note

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