Bank of India, the Financial Creditor, filed a Company Petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against NKR Engineers Private Limited, the Corporate Debtor. NKR Engineers Private Limited acted as a Corporate Guarantor for M/s Devash
The Applicant, an operational creditor, supplied furnace oil to the Corporate Debtor, Techno Forge Limited, and obtained a civil court decree for outstanding dues. Despite the Corporate Debtor's Corporate Insolvency Resolution Process (CIRP) commencing and a resolution plan being approved, the Applicant failed to file
Mr. Atul Sheth, Liquidator of M/s. Captive Foods Private Limited (the Corporate Debtor), filed an application under Section 54(1) of the IBC, 2016, seeking the dissolution of the Corporate Debtor. The Corporate Debtor was incorporated on 17.09.2014. The Corporate Insolvency Resolution Process (CIRP) was initiated based
Small Industries Development Bank of India (SIDBI), as the Financial Creditor, filed a Company Petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) against Darsh Pharmachem Private Limited (Corporate Debtor) for initiating Corporate Insolvency Resolution Process (CIRP). The Financial Creditor clai
The application, IA(Dis.)/16(AHM)/2026, was filed by Mr. Sunit Jagdishchandra Shah, Liquidator of Eternal Motors Private Limited, seeking dissolution of the Corporate Debtor and condonation of a 24-day delay in filing. The Corporate Debtor was admitted under IBC Section 10 on 10.08.2022 and ordered to be liquidated on
The Corporate Debtor (Rainbow Paper Ltd) was admitted into CIRP under Section 9 of the IBC. A resolution plan was approved by the Tribunal but was subsequently set aside by the Hon'ble Supreme Court, leading to its non-implementation. An application was filed by a Financial Creditor (later substituted by the Applicant)
Maruti Corporation, a sole proprietorship and Operational Creditor, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) against Sharanam Infraproject And Trading Limited, the Corporate Debtor, seeking initiation of the Corporate Insolvency Resolution Process (CIRP). The application wa
Asier Metals Private Limited (Operational Creditor) filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Polycab India Limited (Corporate Debtor) to initiate Corporate Insolvency Resolution Process (CIRP). The Operational Creditor claimed an operational debt of Rs.2,78,70,157.22/-, aris
The Corporate Insolvency Resolution Process (CIRP) was initiated against Siddhi Vinayak Logistic Limited on 12.09.2017 by Punjab National Bank. Mr. Dushyant C Dave was appointed as the Interim Resolution Professional, then Resolution Professional, and subsequently as the Liquidator on 19.11.2018. During the liquidation
The Corporate Insolvency Resolution Process (CIRP) for Siddhi Vinayak Logistic Limited was initiated on September 12, 2017, by Punjab National Bank. Mr. Dushyant C Dave was appointed as the Interim Resolution Professional and later confirmed as the Resolution Professional. Subsequently, the Corporate Debtor was ordered
The Corporate Debtor, Shrinathji Spintex Private Limited, was admitted into Corporate Insolvency Resolution Process (CIRP) on 08.05.2025. Mr. Atul Mittal was appointed as Interim Resolution Professional (IRP) and subsequently as Resolution Professional (RP). Public announcements were made, and the Committee of Creditor
The Corporate Debtor, Shrinathji Spintex Private Limited, was admitted into CIRP on May 8, 2025. Mr. Atul Mittal was appointed as IRP and subsequently RP. Despite multiple invitations for Expressions of Interest (EOI) and providing resolution plan documents, no viable resolution plan was received from Prospective Resol
Naksh Steel Limited (Operational Creditor) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Gujarat Toolroom Limited (Corporate Debtor) for a default of Rs. 26,20,56,668/-. The default arose from unpaid invoices for goods supplied under a Supply Agreement dated 16.12.2024, with
Naksh Steel Limited (Operational Creditor) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Gujarat Toolroom Limited (Corporate Debtor) for a default of Rs. 26,20,56,668/-. The debt arose from supplies made by Naksh Steel Limited to Gujarat Toolroom Limited between 16.01.2025 an
Movemate Logistics Private Limited (Operational Creditor) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) against OYO Hotels Private Limited (Corporate Debtor) for a default amount of Rs. 2,45,39,253/- along with interest. The default arose from unpaid invoices for warehousing, lo
The liquidation of Yash Kirti Tours and Travels Private Limited commenced on 17.10.2023. The Liquidator subsequently filed an application for dissolution of the Corporate Debtor under Section 54 of the Insolvency and Bankruptcy Code, 2016, read with Regulation 45 of the IBBI (Liquidation Process) Regulations, 2016, aft
An application (IA No. 633 (AHM) 2023) was filed under Sections 43, 44, 49, and 60(5)(c) of the Insolvency and Bankruptcy Code, 2016 (IBC) by the Liquidator of M/s. Nagaur Water Supply Company Pvt. Ltd. to seek avoidance of alleged preferential and fraudulent transactions. The Corporate Debtor was admitted into CIRP on
Sheth Fincap Services Private Limited, a financial creditor and registered NBFC, filed three separate petitions under Section 7 of the IBC, 2016, against three co-borrower corporate debtors: Takshashila Corporation LLP, Takshashila Developers Private Limited, and Takshashila Resicom Private Limited. The petitions sough
Sheth Fincap Services Private Limited, a financial creditor, filed three separate applications under Section 7 of the IBC, 2016, against Takshashila Corporation LLP, Takshashila Developers Private Limited, and Takshashila Resicom Private Limited, who are co-borrowers. The applications sought to initiate Corporate Insol
Button Industries Pvt Ltd (Financial Creditor) filed a Section 7 IBC petition against Viaz Tyres Limited (Corporate Debtor) for an alleged financial debt of Rs. 2,94,43,614.63/-. The debt originated from an advance for Basmati Rice, later converted into a loan through two Memoranda of Understanding (MOUs) with stipulat
