The Corporate Insolvency Resolution Process (CIRP) was initiated against M/s. GJS Infratech Private Limited on March 1, 2024. Mr. Dommeti Surya Rama Krishna Saibaba was appointed as the Interim Resolution Professional (IRP) and subsequently continued as the Resolution Professional (RP). Despite multiple invitations for Expressions of Interest (Form-G) and the submission of two resolution plans, none were found compliant with the Insolvency and Bankruptcy Code (IBC). An application (IA No.929 of 2025) filed by a prospective Resolution Applicant, Mr. Jangam Gopi, seeking acceptance of a revised plan, was dismissed by the Adjudicating Authority on February 10, 2026.
The Corporate Insolvency Resolution Process (CIRP) against M/s. GJS Infratech Private Limited was initiated by the Adjudicating Authority on March 1, 2024.
Mr. Dommeti Surya Rama Krishna Saibaba was appointed as the Interim Resolution Professional (IRP) and later continued as the Resolution Professional (RP).
A moratorium under Section 14 of the IBC was declared, and a public announcement was made.
The Committee of Creditors (CoC) was constituted on April 3, 2024, and later reconstituted after verification of additional claims.
The total claims admitted by the Resolution Professional stand at Rs. 241,12,32,015/-.
An Authorized Representative for the class of homebuyers was appointed under Section 21(6a)(B) of IBC.
…Sign in to view the parties.
Corporate Insolvency Resolution Process…
Form-G published…
The Corporate Insolvency Resolution Process (CIRP) was initiated against M/s. GJS Infratech Private Limited on March 1, 2024. Mr. Dommeti Surya Rama Krishna Saibaba was appointed as the Interim Resolution Professional (IRP) and subsequently continued as the Resolution Professional (RP). Despite multiple invitations for Expressions of Interest (Form-G) and the submission of two resolution plans, none were found compliant with the Insolvency and Bankruptcy Code (IBC). An application (IA No.929 of 2025) filed by a prospective Resolution Applicant, Mr. Jangam Gopi, seeking acceptance of a revised plan, was dismissed by the Adjudicating Authority on February 10, 2026.
The Corporate Insolvency Resolution Process (CIRP) against M/s. GJS Infratech Private Limited was initiated by the Adjudicating Authority on March 1, 2024.
Mr. Dommeti Surya Rama Krishna Saibaba was appointed as the Interim Resolution Professional (IRP) and later continued as the Resolution Professional (RP).
A moratorium under Section 14 of the IBC was declared, and a public announcement was made.
The Committee of Creditors (CoC) was constituted on April 3, 2024, and later reconstituted after verification of additional claims.
The total claims admitted by the Resolution Professional stand at Rs. 241,12,32,015/-.
An Authorized Representative for the class of homebuyers was appointed under Section 21(6a)(B) of IBC.
…Corporate Insolvency Resolution Process…
Form-G published…