The Corporate Insolvency Resolution Process (CIRP) for Simon Shipping Private Limited was initiated on 10.07.2023 by Marguisa Shipping Lines S.L.U, an Operational Creditor. Ms. Snehal Arvind Kamdar was initially appointed as the Interim Resolution Professional (IRP), followed by Mr. Girish Krishna Hingorani as the Resolution Professional (RP). The Committee of Creditors (CoC) was constituted, and Expressions of Interest (EOI) were invited, but no resolution plan was received. The CIRP period, including extensions, expired on 15.05.2024. An earlier application for liquidation under Section 33(2) of the IBC was dismissed by the Tribunal on 27.01.2026 because it was filed after the expiry of the CIRP period.

The Corporate Insolvency Resolution Process (CIRP) for Simon Shipping Private Limited was initiated on 10.07.2023 by Marguisa Shipping Lines S.L.U, an Operational Creditor. Ms. Snehal Arvind Kamdar was initially appointed as the Interim Resolution Professional (IRP), followed by Mr. Girish Krishna Hingorani as the Resolution Professional (RP). The Committee of Creditors (CoC) was constituted, and Expressions of Interest (EOI) were invited, but no resolution plan was received. The CIRP period, including extensions, expired on 15.05.2024. An earlier application for liquidation under Section 33(2) of the IBC was dismissed by the Tribunal on 27.01.2026 because it was filed after the expiry of the CIRP period.