Omkara Assets Reconstruction Private Limited, as the Financial Creditor, filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) against Sriram Infraprojects & Ventures Private Limited, the Corporate Debtor, to initiate the Corporate Insolvency Resolution Process (CIRP). The petition sought t
Mr. Deepak Kumar Gupta (Operational Creditor) filed a Section 9 IBC petition against M/s. Sumukha Automation Private Limited (Corporate Debtor) for an operational debt of ₹1,30,25,934.15, including principal and interest, arising from the supply of iron and steel raw materials. The default date was 28.01.2025, and a de
Mr. Rajendra P, an Operational Creditor, initiated Corporate Insolvency Resolution Process (CIRP) against M/s. Indiranagar Chit Fund and Trading Company Private Limited (Corporate Debtor) under Section 9 of the IBC, 2016, due to a default of Rs.20,02,250/-. The Adjudicating Authority admitted the case and initiated CIR
M/s. South Canara District Central Co-operative Bank Limited (Financial Creditor) filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) against M/s. Mylar Sugars Ltd. (Corporate Debtor) for defaulting on various loan facilities. The total outstanding debt as of April 30, 2026, was Rs.98,71,
Kotak Mahindra Bank Limited, a Financial Creditor, filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, against M/s. Krriyan Kontainers Private Limited, a Corporate Guarantor. The petition sought to initiate Corporate Insolvency Resolution Process (CIRP) due to a default on a debt of Rs.9,99,66
M/s. Agrawal Infracab Pvt. Ltd., an operational creditor, initiated Corporate Insolvency Resolution Process (CIRP) against M/s. Lanarsy Infra Ltd. under Section 9 of the IBC, 2016, leading to the Corporate Debtor's admission to CIRP on May 19, 2026. The suspended director, Ms. Bayyavarapu Padmja, challenged this order
India Housing Fund and India Housing Fund Series 2 (Financial Creditors) filed a Section 7 IBC petition against Gulam Mustafa Enterprises Private Limited (Corporate Debtor) due to a default on Secured, Redeemable, Non-Convertible Debentures. The Corporate Debtor owed an aggregate amount of Rs. 627,61,98,448/- as of 28.
M P Krishnan, representing homebuyers, filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) against Frontier Shelters Private Limited (Corporate Debtor). The petition sought to initiate Corporate Insolvency Resolution Process (CIRP) due to an outstanding financial debt of INR 14,85,13,500/
M P Krishnan, representing himself and other homebuyers, filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) against Frontier Shelters Private Limited (Corporate Debtor). The petition sought to initiate the Corporate Insolvency Resolution Process (CIRP) due to the Corporate Debtor's failu
French Motor Car Company Limited (Operational Creditor) initiated Corporate Insolvency Resolution Process (CIRP) against V&RO Hospitality Private Limited (Corporate Debtor) under Section 9 of the Insolvency and Bankruptcy Code, 2016, for an alleged operational debt of Rs.2,33,26,272/-. The debt arose from the sale of t
The Corporate Debtor, M/s. Vikram Structures Pvt. Ltd., underwent Corporate Insolvency Resolution Process (CIRP) initiated on 17.02.2022, which subsequently led to liquidation. The Applicants, Mr. Shailendra Ravi & Ors., are bona fide purchasers of commercial units in the Corporate Debtor's "VSPL Pinnacle" project, hol
The Applicant, Sri. Manish Kapoor, filed IA 173/2025 seeking directions to the Liquidator of M/s Vikram Structures Private Limited (Corporate Debtor) regarding a commercial unit in the "VSPL Pinnacle" project. The Applicant claims ownership through a registered Sale Deed dated 16.12.2019 but has not received physical p
Arvind Interiors Private Limited, the Corporate Applicant, filed a petition under Section 10 of the Insolvency and Bankruptcy Code, 2016, for voluntary initiation of Corporate Insolvency Resolution Process (CIRP). The company had defaulted on its obligations to pay INR 6,17,13,063/- to its creditors, including a loan o
Highway Star Rest and Recreation Pvt. Ltd. (Operational Creditor/Petitioner) filed a Company Petition under Section 9 of the IBC, 2016, against Maiyas Restaurants Pvt. Ltd. (Corporate Debtor/Respondent) for a default in repayment of operational debt amounting to ₹2,49,57,627/-, with defaults commencing from 31.10.2018.
Valufocus Eco-Revive Packaging (Operational Creditor) filed a petition under Section 9 of the IBC, 2016, against Devkiran Paper Mills Private Limited (Corporate Debtor) for default in payment of an operational debt of INR 1,96,42,797.44. The Operational Creditor supplied wastepaper and raised 14 invoices, with a princi
Lucetio Primary Manpower Pvt. Ltd., the Corporate Applicant, filed a petition under Section 10 of the Insolvency and Bankruptcy Code, 2016, for voluntary initiation of Corporate Insolvency Resolution Process (CIRP). The company reported an inability to discharge its financial obligations, owing INR 3,18,01,161/- to var
The Corporate Insolvency Resolution Process (CIRP) was initiated against M/s. P & M Associates LLP by M/s. Pani Trading Corporation. Mr. Pramod Srihari was initially appointed as Interim Resolution Professional (IRP), then Resolution Professional (RP), and subsequently Liquidator. The Committee of Creditors (CoC) appro
The case involves an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, filed by Silbhadar Vyapaar Private Limited (Financial Creditor) against Vurupa Trading Private Limited (Corporate Debtor/Guarantor) to initiate the Corporate Insolvency Resolution Process (CIRP). The claim is based on a corpor
Aakash Educational Services Limited (Applicant), facing financial distress, initiated a rights issue of equity shares. Think & Learn Private Limited (Corporate Debtor), an existing shareholder, participated in this rights issue by raising funds through a Debenture Subscription Agreement with Byju's Alpha Inc. and remit
The case involves an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, filed by Omkara Asset Reconstruction Private Limited (Financial Creditor) to initiate Corporate Insolvency Resolution Process (CIRP) against Kristal Projects (India) Limited (Corporate Debtor) due to a default on a financial d
