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), the Financial Creditor, submitted a claim, thus constituting the entire Committee of Creditors (CoC) with 100% voting share. Despite multiple attempts, including two rounds of publishing Form-G for Expressions of Interest (EOIs) and extensions for resolution plan submissions, no acceptable resolution plan could be obtained. The sole Prospective Resolution Applicant (PRA) eventually withdrew, leading the CoC to decide on liquidation.

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), the Financial Creditor, submitted a claim, thus constituting the entire Committee of Creditors (CoC) with 100% voting share. Despite multiple attempts, including two rounds of publishing Form-G for Expressions of Interest (EOIs) and extensions for resolution plan submissions, no acceptable resolution plan could be obtained. The sole Prospective Resolution Applicant (PRA) eventually withdrew, leading the CoC to decide on liquidation.