The Corporate Debtor, Shrinathji Spintex Private Limited, was admitted into CIRP on May 8, 2025. Mr. Atul Mittal was appointed as IRP and subsequently RP. Despite multiple invitations for Expressions of Interest (EOI) and providing resolution plan documents, no viable resolution plan was received from Prospective Resolution Applicants within the extended deadlines. Consequently, the Committee of Creditors (CoC), in its 9th meeting on December 1, 2025, unanimously resolved to initiate liquidation proceedings for the Corporate Debtor.
The Corporate Debtor, Shrinathji Spintex Private Limited, was admitted into CIRP on 08.05.2025 by the Tribunal in CP (IB) No. 574 of 2018 under Section 7 of IBC.
Mr. Atul Mittal was appointed as Interim Resolution Professional (IRP) and subsequently as Resolution Professional (RP).
Public announcements were made in Form A on 10.05.2025 for inviting claims from creditors.
The Committee of Creditors (CoC) was constituted as per Regulation 16 of the IBBI (Insolvency Resolution Process for Corporate Persons), 2016.
Form G was issued on 17.07.2025 and 02.09.2025 with CoC approval, inviting Expression of Interest (EOI) from prospective resolution applicants.
The last date for EOI submission was 11.08.2025.
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Corporate Debtor admitted into CIRP by NCLT in…
IRP made public…
The Corporate Debtor, Shrinathji Spintex Private Limited, was admitted into CIRP on May 8, 2025. Mr. Atul Mittal was appointed as IRP and subsequently RP. Despite multiple invitations for Expressions of Interest (EOI) and providing resolution plan documents, no viable resolution plan was received from Prospective Resolution Applicants within the extended deadlines. Consequently, the Committee of Creditors (CoC), in its 9th meeting on December 1, 2025, unanimously resolved to initiate liquidation proceedings for the Corporate Debtor.
The Corporate Debtor, Shrinathji Spintex Private Limited, was admitted into CIRP on 08.05.2025 by the Tribunal in CP (IB) No. 574 of 2018 under Section 7 of IBC.
Mr. Atul Mittal was appointed as Interim Resolution Professional (IRP) and subsequently as Resolution Professional (RP).
Public announcements were made in Form A on 10.05.2025 for inviting claims from creditors.
The Committee of Creditors (CoC) was constituted as per Regulation 16 of the IBBI (Insolvency Resolution Process for Corporate Persons), 2016.
Form G was issued on 17.07.2025 and 02.09.2025 with CoC approval, inviting Expression of Interest (EOI) from prospective resolution applicants.
The last date for EOI submission was 11.08.2025.
…Corporate Debtor admitted into CIRP by NCLT in…
IRP made public…