IBC Case Repository

This case involves two statutory appeals filed under Section 62 of the Insolvency and Bankruptcy Code, 2016 (IBC) before the Supreme Court of India. These appeals challenged a common judgment dated 19.08.2025 by the National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi. The NCLAT judgment had dism

Shriram Finance Limited, the Financial Creditor, filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) against Karthik Travels Private Limited, the Corporate Debtor, for initiating the Corporate Insolvency Resolution Process (CIRP). The Financial Creditor alleged that the Corporate Debtor d

The Stakeholders Consultation Committee (SCC) of Shree Mahalaxmi Corporation Private Limited, represented by State Bank of India, filed an application under Section 60(5) of the IBC, 2016, seeking to replace the current liquidator, Mr. Debdas Chakraborty. The SCC unanimously resolved to replace Mr. Chakraborty with Mr.

Canara Bank initiated Corporate Insolvency Resolution Process (CIRP) against Sri Krishna Stockist & Traders Pvt Ltd. Mr. Chillale Rajesh was appointed as the Interim Resolution Professional (IRP) and subsequently as the Resolution Professional (RP). The Committee of Creditors (CoC) was constituted, and it was observed

SREI Equipment Financial Limited (Financial Creditor) filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) against R S Kamthe Infrastructure Developers Private Limited (Corporate Debtor) for a total default amount of Rs. 7,28,54,918/- (Loan 178737) and Rs. 3,76,30,632/- (Loan 180822) as on

Piyush Securities Private Limited (Financial Creditor) filed a Section 7 IBC petition against M/s Shree Vaishnavi Ispat Limited (Corporate Debtor) for initiating Corporate Insolvency Resolution Process (CIRP). The Financial Creditor, a Non-Banking Financial Institution, disbursed an inter-corporate loan of Rs. 4 crores

M/s Parmod Sharma Contractors, an Operational Creditor, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) against SBCC Infra Private Limited, the Corporate Debtor, seeking to initiate Corporate Insolvency Resolution Process (CIRP). The petition arose from an unpaid operational debt rela

Bank of India, as a Financial Creditor, initiated Corporate Insolvency Resolution Process (CIRP) against Shree Badri Kedar Udyog Private Limited (Corporate Debtor) under Section 7 of the IBC, 2016. The NCLT admitted the application and appointed Ms. Rachna Jhunjhunwala as Interim Resolution Professional (IRP), later co

Catalyst Trusteeship Limited (Financial Creditor) filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) to initiate Corporate Insolvency Resolution Process (CIRP) against J.U.D. Cements Limited (Corporate Debtor). The petition sought to resolve a financial debt of Rs. 1,96,69,05,415/- as of

The Corporate Insolvency Resolution Process (CIRP) was initiated against Sundha Road Developers Private Limited (Corporate Debtor) based on a Section 10 petition. Mr. Vikas Rajvanshi was appointed as the Interim Resolution Professional (IRP) and subsequently continued as the Resolution Professional (RP). The Committee

The Corporate Insolvency Resolution Process (CIRP) was initiated against Ishh Raj Silicon Private Limited on 12.12.2025, and Mr. Kamal Kumar Jadwani was appointed as the Interim Resolution Professional (IRP). A public announcement was made, inviting claims, but only Small Industries Development Bank of India (SIDBI), t

Beacon Trusteeship Limited (Financial Creditor) filed a Section 7 IBC petition against Vatika IT Parks Private Limited (Corporate Debtor) for a default of Rs. 233,75,19,372 on Optionally Convertible Debentures (OCDs). The Corporate Debtor filed an application under Section 8 of the Arbitration and Conciliation Act, 199

The Corporate Insolvency Resolution Process (CIRP) for Shri Vaijanath Industries Private Limited (Corporate Debtor) was initiated on 06.06.2023, based on an application filed by M/s. Kamal Metal Corporation (Operational Creditor) under Section 9 of the IBC. Mr. Vikas Khiyani was appointed as the Interim Resolution Prof

Unity Small Finance Bank Ltd. (erstwhile Punjab and Maharashtra Cooperative Bank Limited), as the Financial Creditor, filed a petition under Section 95 of the Insolvency and Bankruptcy Code, 2016, against Mr. Sarang Rakesh Wadhawan, the personal guarantor of M/s Guruashish Construction Private Limited (Corporate Debtor

The Corporate Insolvency Resolution Process (CIRP) for Shri Vaijanath Industries Private Limited was initiated on 06.06.2023 under Section 9 of the IBC, 2016, following an application by M/s. Kamal Metal Corporation, an Operational Creditor. Mr. Vikas Khiyani was appointed as the Interim Resolution Professional (IRP) a

Avanti Finance Private Limited (Financial Creditor) filed a petition under Section 7 of the IBC, 2016, against Our Food Private Limited (Corporate Debtor) for initiating the Corporate Insolvency Resolution Process (CIRP). The Financial Creditor claimed a default of Rs. 8,42,87,387/- arising from a loan facility. The Co

Evanie Eco Nest Home Buyers Association, representing homebuyers, filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) to initiate Corporate Insolvency Resolution Process (CIRP) against Evanie Infrastructure Private Limited (Corporate Debtor). The homebuyers had advanced monies for fla

Mr. Atul Sheth, Liquidator of M/s. Captive Foods Private Limited (the Corporate Debtor), filed an application under Section 54(1) of the IBC, 2016, seeking the dissolution of the Corporate Debtor. The Corporate Debtor was incorporated on 17.09.2014. The Corporate Insolvency Resolution Process (CIRP) was initiated based

M/s Boston Ivy HealthCare Solutions Private Limited (Operational Creditor) filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against M/s Zaneka Healthcare Limited (Corporate Debtor) to initiate Corporate Insolvency Resolution Process (CIRP). The Operational Creditor claimed an outstanding op

Small Industries Development Bank of India (SIDBI), as the Financial Creditor, filed a Company Petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) against Darsh Pharmachem Private Limited (Corporate Debtor) for initiating Corporate Insolvency Resolution Process (CIRP). The Financial Creditor clai