The case pertains to the Corporate Insolvency Resolution Process (CIRP) of M/s Syska E-Retails LLP. The CIRP was initiated based on a Section 7 application under the Insolvency and Bankruptcy Code, 2016. The applicant was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP).
CIRP was initiated against M/s Syska E-Retails LLP based on a Section 7 application.
Vijay Pitamber Lulla was appointed as the IRP and later confirmed as the RP.
The CoC was constituted, comprising Canara Bank, State Bank of India, and UV Assets Reconstruction Company Limited.
No resolution plan was received within the stipulated time.
The CoC was divided on whether to extend the CIRP or initiate liquidation.
The CIRP period expired on 14.12.2025 without any resolution plan or extension approved.
The RP filed an application seeking directions from the NCLT due to the deadlock within the CoC.
The NCLT ordered the liquidation of M/s Syska E-Retails LLP under Section 33(1)(a) of the IBC.
Vijay Pitamber Lulla was appointed as the liquidator.
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CIRP initiated vide order dated 17.06.2025…
Form A published in…
The case pertains to the Corporate Insolvency Resolution Process (CIRP) of M/s Syska E-Retails LLP. The CIRP was initiated based on a Section 7 application under the Insolvency and Bankruptcy Code, 2016. The applicant was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP).
CIRP was initiated against M/s Syska E-Retails LLP based on a Section 7 application.
Vijay Pitamber Lulla was appointed as the IRP and later confirmed as the RP.
The CoC was constituted, comprising Canara Bank, State Bank of India, and UV Assets Reconstruction Company Limited.
No resolution plan was received within the stipulated time.
The CoC was divided on whether to extend the CIRP or initiate liquidation.
The CIRP period expired on 14.12.2025 without any resolution plan or extension approved.
The RP filed an application seeking directions from the NCLT due to the deadlock within the CoC.
The NCLT ordered the liquidation of M/s Syska E-Retails LLP under Section 33(1)(a) of the IBC.
Vijay Pitamber Lulla was appointed as the liquidator.
CIRP initiated vide order dated 17.06.2025…
Form A published in…