Small Industries Development Bank of India (SIDBI), the financial creditor, filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against Dr. Smiths Biotech Private Limited, the corporate debtor. The application sought to appoint an Interim Resolution Professional (IRP) and impose a moratorium. The financial creditor was incorporated on April 2, 1990, and its registered office is in Lucknow, with a branch office in Mumbai. The corporate debtor was incorporated on April 24, 2015, with its registered office in Pune.

Small Industries Development Bank of India (SIDBI), the financial creditor, filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against Dr. Smiths Biotech Private Limited, the corporate debtor. The application sought to appoint an Interim Resolution Professional (IRP) and impose a moratorium. The financial creditor was incorporated on April 2, 1990, and its registered office is in Lucknow, with a branch office in Mumbai. The corporate debtor was incorporated on April 24, 2015, with its registered office in Pune.