The Resolution Professional filed an application under Section 33 of the IBC, 2016, to initiate liquidation against Sigtia Constructions Pvt. Ltd. (Main CD) and four other Corporate Debtors whose CIRPs were consolidated. The Main CD was admitted into CIRP in 2025, and an IRP was appointed. The original Financial Creditor (Piramal Capital & Housing Finance Ltd., assignee of DHFL) was later substituted by Omkara Assets Reconstruction Pvt. Ltd. The CIRPs of five related Corporate Debtors were consolidated by NCLT orders.
An Interlocutory Application (IA(IBC)(LIQ.)/ 57(MB)2026) was filed on 14.08.2026 by the Resolution Professional Mr. Vithal M. Dahake under Section 33 of the IBC, 2016, for initiating liquidation process against Sigtia Constructions Pvt. Ltd. (Corporate Debtor).
The Tribunal admitted the Main Corporate Debtor (Sigtia Constructions Pvt. Ltd.) into CIRP vide order dated 07.02.2025 in C.P. (IB)/589(MB)/2023.
Mr. Jayesh Natvarlal Sanghrajka was appointed as the Interim Resolution Professional for the Corporate Debtor.
The Company Petition was initially filed by M/s. Piramal Capital & Housing Finance Ltd. (erstwhile FC, now Piramal Finance Ltd.) based on a loan disbursed by M/s. Dewan Housing Finance Ltd. (DHFL).
…Sign in to view the parties.
M/s. Dewan Housing Finance Ltd. (DHFL) was…
CIRP order date for…
Sign in to view related legal provisions.
The Resolution Professional filed an application under Section 33 of the IBC, 2016, to initiate liquidation against Sigtia Constructions Pvt. Ltd. (Main CD) and four other Corporate Debtors whose CIRPs were consolidated. The Main CD was admitted into CIRP in 2025, and an IRP was appointed. The original Financial Creditor (Piramal Capital & Housing Finance Ltd., assignee of DHFL) was later substituted by Omkara Assets Reconstruction Pvt. Ltd. The CIRPs of five related Corporate Debtors were consolidated by NCLT orders.
An Interlocutory Application (IA(IBC)(LIQ.)/ 57(MB)2026) was filed on 14.08.2026 by the Resolution Professional Mr. Vithal M. Dahake under Section 33 of the IBC, 2016, for initiating liquidation process against Sigtia Constructions Pvt. Ltd. (Corporate Debtor).
The Tribunal admitted the Main Corporate Debtor (Sigtia Constructions Pvt. Ltd.) into CIRP vide order dated 07.02.2025 in C.P. (IB)/589(MB)/2023.
Mr. Jayesh Natvarlal Sanghrajka was appointed as the Interim Resolution Professional for the Corporate Debtor.
The Company Petition was initially filed by M/s. Piramal Capital & Housing Finance Ltd. (erstwhile FC, now Piramal Finance Ltd.) based on a loan disbursed by M/s. Dewan Housing Finance Ltd. (DHFL).
…M/s. Dewan Housing Finance Ltd. (DHFL) was…
CIRP order date for…
Sign in to view related legal provisions.