This model has soldered SSD . I have read that t2 chip holds encryption keys of SSD. Some proprietory device is needed to interface with motherboard.
What are chances of recovery , what's your experience guys

It depends on whats wrong with it. I've recovered data from many modern apple laptops including the A2141. You just need to know basic electronics and solve whatever problem they have. Plenty of resources online including youtube videos, schematics, data sheets and spare parts. You just need to get the logic board in a working state to save data.

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Thanks I have seen case study on your website.

Check if you can access target mode or DFU first.

Thanks I have outsourced this case to a friend ,will ask him to check DFU.

Thanks!

Can you explain this a bit more

Target mode means turn MacBook like external usb device and connect it another one. Motherboard should be alive in such scenario.

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Angel Data Recovery

In DFU mode, the Mac start but show nothing on the screen. You will not notice it's active unless you connect it to another Mac running Apple Configurator 2. You should connect Intel Mac to Intel Mac and ARM to ARM. I've had issue mixing CPU arch. AC2 give an option to revive Mac and one to erase it.

It is often possible to save data from MacBook Pro, even if the chips are soldered.
But to help we need much more information.

We first need to know about the context of the data recovery (hardware failure?, deleted files?, lost data whilst laptop still working?, forensics? a.s.o.)

Second, if the MacBook is defective, up to which point?
In which circumstances did the MacBook got defective (e.g. liquid damage, falled on the ground, a.s.o.)

Are some component visually damaged?
(e.g. broken screen, traces of vertdigris, broken capacitor)

Did you perform kind of diagnosis ?
Is the access to data lost due to the hardware failure?
Are your sure that the hardware failure is located at the SSD?

Are there other problems (e.g. black screen) the could possibly fixed by a hardware repair (e.g. flexgate issue)?
Very often, a harware repair (e.g. flexgate repair) is the easiest and safest way to get access back to data.

If apart from the SSD the hardware is working, did you try booting it from live USB key?
If yes, can you see the SSD controller?
Can you see the media capacity of the internal storage?
Are you fluent with Linux and data recovery tools working with Linux?
Could you clone the SSD?
If the problem is located one of the NAND chips, or if the controller is undetected, did you attempted a reflow?

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