# How to read a record — Indian companies in liquidation

> What the record is, what the status means, and what is left out.

## How to read these records

### Which companies

Three tests, all from the IBBI's list of public announcements: the announcement opens a liquidation or a
voluntary liquidation; it was published since January 2023; and the debtor's
name carries a company form (Private Limited, Limited, LLP). Announcements about individuals and personal guarantors
are left out, and so are hospitals, schools and health or education businesses, recognised by their names.

### Two kinds of liquidation

**Liquidation**: a liquidator sells the company's assets for its creditors, often after an insolvency
resolution process that found no plan. **Voluntary liquidation**: a solvent company is closed by its
shareholders. Companies still in an insolvency resolution process (CIRP) are not listed: they keep operating, and
many leave the process with a resolution plan.

### Who decides

The liquidator controls the company's assets during the liquidation. This site does
not name them: the announcement published by the IBBI does.

### What is not here

Names of insolvency professionals, applicants or any individual. Addresses. Corporate identification numbers,
which the announcement list does not give. Announcements before 2023. Companies in an insolvency resolution process. Any headcount: the IBBI list has
none.

**Liquidator of this company?**

The internal data of a company that employed 50 people or more (Slack or Microsoft Teams archive, documentation, project histories) may still have value after it has stopped operating.

[Check whether this company’s data qualifies →](/pro.md) We are paid by the buyer if a partnership is signed, never by the company. Whether personal data in those archives can be transferred is a legal question for whoever controls them. Not affiliated with the Insolvency and Bankruptcy Board of India.

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Página: https://india-insolvency-company-records.pages.dev/how-to-read/
Fonte: https://ibbi.gov.in/public-announcement
Recolha: 2026-10-12