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Home/ Cases/ IT, Telecom & Media/ Zenith Computers Limited
Liquidation — dissolved

Zenith Computers Limited

Corporate insolvency — liquidated & dissolved · source: NCLT order, 28 Sep 2022

Sector IT, Telecom & Media Bench NCLT Mumbai Last process activity 4.1 years ago · tribunal order

Case record

at a glance

Admitted by the Mumbai bench on a petition by a financial creditor. Current status: Liquidation — Dissolved.

Admission to liquidation order
10 mo
This case
NCLT Mumbai median · 1 yr 3 mo
All India median · 1 yr 1 mo
Medians: time from admission to a liquidation order, over closed cases (n = 812 / 3,073). Pre-packs left out.
The company
Listed public limited company in IT, Telecom & Media, registered in Maharashtra
Admitted claims
₹100–500 Cr
Where the process stands
Admitted→Liquidation ordered→Dissolved
How cases like this ended
IT, Telecom & Media · 105 closed
Resolved 35% · Liquidation 51% · Withdrawn or closed 13%
NCLT Mumbai · 1,753 closed
Resolved 25% · Liquidation 48% · Withdrawn or closed 27%
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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Admitted claims & creditor classesRecovery & distributionCommittee of creditorsCompany & MCA recordTimeline & key dates · 3 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note
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