Hybrid Inverter Technology: Su-Kam integrated solar MPPT, grid connectivity, and battery management in 2009 — before the world renamed it hybrid. The 77 patents behind it.
The IBC promised fair valuation and liquidation value as the pillars of a transparent process. I watched both fail at Su-Kam. A ₹300 crore fair-value company sold for a pittance — banks got ₹8 crore. This is what really happens.
After 30 years of building Su-Kam, I walked through liquidation myself. Here is what the IBC actually does to an entrepreneur — and why the Delhi High Court’s judgment in my case is a turning point.
An IBBI penalty hit both the RP and the liquidator—yet nobody compensated the entrepreneur. Article 10 of The IBC Files by Kunwer Sachdev.
When business failure makes the entrepreneur as criminal: how IBC stigma, wilful-defaulter labels, and personal guarantees punish honest founders.
Inside the CIRP: a founder’s 180-day account of how IBC resolution, RP control, and the CoC freeze operations, warranties, and brand trust.
I had arranged a 250-crore rescue for Su-Kam. Then Section 29A, a law that did not yet exist, was made retrospective and used to disqualify me from saving the company I built.
When NCLT ordered liquidation of Su-Kam Power Systems, 2000 people lost jobs in one day. The founder tells what really happens when the system shuts down a company — the families, the theft, the destruction. Part 2 of The IBC Files series.
How IBC manufacturing entrepreneurs are destroyed by banks, Section 29A, and CoC control—Kunwer Sachdev on India’s broken insolvency system.
Kunwer Sachdev on Su-Kam solar projects — the 1 MW Punjab Engineering College plant, Assam Rifles off-grid sites, Malawi’s wind-solar hybrid and 40,000 UP…