Awards and Recognition Achieved by Su-Kam Power Systems
Kunwer Sachdev, the visionary founder of Su-Kam Power Systems, has been recognized with numerous prestigious awards and certifications for excellence […]
Kunwer Sachdev, the visionary founder of Su-Kam Power Systems, has been recognized with numerous prestigious awards and certifications for excellence […]
KUNWER SACHDEV Home My Story Blogs News Contact Solar Energy Embedded Systems 77 Patents Lost We Built Solar DC With
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.
In March 2022, the Insolvency and Bankruptcy Board of India did something unusual. It admitted — in writing, in a
THE IBC FILES: AN ENTREPRENEUR’S PERSPECTIVE Article 5 of 8 | When Business Failure Becomes a Death Sentence in India
THE IBC FILES: AN ENTREPRENEUR’S PERSPECTIVE Article 4 of 8 | The Story of How a Process Meant to Save
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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.
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