The Corporate Insolvency Resolution Process (CIRP) was initiated against Kyati Metals and Trading Private Limited. The NCLT declared a moratorium and appointed CA S Prabhu as the Interim Resolution Professional (IRP). A CoC meeting resolved to liquidate the Corporate Debtor due to a lack of active interest in the market and no scope for business revival. The IRP was appointed as the Liquidator to manage the liquidation process, subject to NCLT approval. An application was filed seeking liquidation, and the Tribunal ordered liquidation. The applicant discharged duties under the IBC 2016 and issued a public announcement. Claims were received, verified, and admitted. A list of stakeholders was filed. The applicant prepared a preliminary report containing assets and

The Corporate Insolvency Resolution Process (CIRP) was initiated against Kyati Metals and Trading Private Limited. The NCLT declared a moratorium and appointed CA S Prabhu as the Interim Resolution Professional (IRP). A CoC meeting resolved to liquidate the Corporate Debtor due to a lack of active interest in the market and no scope for business revival. The IRP was appointed as the Liquidator to manage the liquidation process, subject to NCLT approval. An application was filed seeking liquidation, and the Tribunal ordered liquidation. The applicant discharged duties under the IBC 2016 and issued a public announcement. Claims were received, verified, and admitted. A list of stakeholders was filed. The applicant prepared a preliminary report containing assets and