The Corporate Insolvency Resolution Process (CIRP) was initiated against M/s. Lumiford Private Limited (Corporate Debtor) by M/s. COSR Ventures, a Financial Creditor, under Section 9 of the IBC. Mr. Gonuganta Murali was initially appointed as the Interim Resolution Professional (IRP), later replaced by Mr. Kailash Shah
M/s. GP Harmon Recycling LLC (Operational Creditor) filed an application under Section 9 of the IBC against M/s. Tirumala Venkateshwara Paper and Board Pvt. Ltd. (Corporate Debtor) for non-payment of operational dues amounting to USD 39,965.18 (INR 28,57,111). The debt arose from three offshore contracts for the sale a
M/s. GP Harmon Recycling LLC (Operational Creditor) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against M/s. Tirumala Venkateshwara Paper and Board Pvt. Ltd. (Corporate Debtor) for the initiation of Corporate Insolvency Resolution Process (CIRP). The application sought to recover o
The Corporate Insolvency Resolution Process (CIRP) was initiated against M/s. GJS Infratech Private Limited on March 1, 2024. Mr. Dommeti Surya Rama Krishna Saibaba was appointed as the Interim Resolution Professional (IRP) and subsequently continued as the Resolution Professional (RP). Despite multiple invitations for
M/s. Kundan Jewellers & Exporters Private Limited, a company incorporated in 2024 for jewellery business, never commenced commercial operations and had no debts or liabilities. The Board of Directors and shareholders approved its voluntary liquidation under Section 59 of the IBC, 2016, and appointed Mr. Manjeet Bucha a
State Bank of India Stressed Assets Management (Financial Creditor) filed a Company Petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) against M/s Pangea Fabrics India Private Limited (Corporate Debtor/Corporate Guarantor). The petition sought to initiate the Corporate Insolvency Resolution Proc
State Bank of India Stressed Assets Management (Financial Creditor) filed a Company Petition under Section 7 of the IBC against Suryajyoti Infotech Limited (Corporate Guarantor/Respondent No.1) for default on a financial debt of Rs. 732,17,43,319/-. The debt originated from credit facilities granted to Suryajyoti Spinn
The Corporate Debtor, M/s Baron Infotech Limited, was admitted into Corporate Insolvency Resolution Process (CIRP) on 10.05.2024, with Mr Haridasu Sambasiva Rao appointed as the Interim Resolution Professional (IRP). A public announcement was issued, and claims were invited from creditors. M/s Aventine Software Private
The Corporate Debtor, M/s. Baron Infotech Limited, was admitted into Corporate Insolvency Resolution Process (CIRP) on 10.05.2024. An Interim Resolution Professional (IRP) was appointed, who subsequently issued a public announcement inviting claims from creditors. A Committee of Creditors (CoC) was constituted with M/s
M/s KSK Wind Power Sankonahatti Athni Pvt Ltd., a non-operational wind power company since FY 2021-22, filed a self-initiated Corporate Insolvency Resolution Process (CIRP) application under Section 10 of the IBC, 2016. The company reported a total default of Rs. 2,08,83,324/- to its financial and operational creditors
M/s. Indusind Bank, a financial creditor, filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) against M/s. BBR Green Fields Pvt Ltd., the corporate debtor, to initiate the Corporate Insolvency Resolution Process (CIRP). The application was based on the corporate debtor's default in re
M/s. KSK Wind Energy Halagali Benchi Pvt Ltd. (Corporate Applicant/Debtor) filed a petition under Section 10 of the IBC, 2016, seeking to initiate Corporate Insolvency Resolution Process (CIRP) against itself. The company, incorporated in 2010, has been non-operational since FY 2021-22, incurred continuous losses, and
M/s. KSK Wind Energy Mothalli Haveri Private Limited (Corporate Applicant/Debtor) filed a Company Petition under Section 10 of the Insolvency and Bankruptcy Code, 2016 (IBC) to initiate Corporate Insolvency Resolution Process (CIRP) against itself. The company cited default in payment of its financial and operational d
The Liquidator filed an application (IA (IBC) 1184/2026) seeking a fourth extension of the liquidation period for six months, citing non-cooperation from the Suspended Directors in handing over assets and contributing funds. An earlier application (IA (IBC)/64/2026 in IA (IBC)/1820/2023) was withdrawn by the applicant.
The Corporate Debtor, M/s.Splendid Metal Products Limited (now Thalaivar Steels Limited), was admitted into CIRP on 04.04.2019. A Resolution Plan, jointly submitted by M/s.Antanium Holdings Private Limited (AHPL) and M/s.Invent Assets Securitisation and Reconstruction Private Limited (IASRPL), was approved by the CoC o
The Corporate Insolvency Resolution Process (CIRP) for Vivin Drugs & Pharmaceuticals Ltd. (VDPL) was initiated on 11.11.2024. This was challenged by a Suspended Director, leading to stays by NCLAT and subsequently the Supreme Court, which were later vacated, reviving the CIRP. Vivin Laboratories Private Limited (VLPL)
The Corporate Insolvency Resolution Process (CIRP) was initiated for Vivin Drugs & Pharmaceuticals Ltd. (VDPL) on 11.11.2024 and subsequently for Vivin Laboratories Private Limited (VLPL) on 05.02.2026. The CIRP for VDPL faced challenges, including stays by the NCLAT and the Supreme Court, which were later vacated, lea
An Interlocutory Application (IA) was filed by the Resolution Professional (later substituted by the Liquidator) of M/s. DQ Entertainment (International) Limited, seeking to avoid preferential and undervalued transactions under Sections 43 and 45 of the IBC. The Liquidator alleged that the suspended management (Respond
M/s. Indian Overseas Bank (Financial Creditor) filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) against M/s. Helapuri Spinning Mills Pvt Ltd. (Corporate Debtor) for initiating Corporate Insolvency Resolution Process (CIRP). The Corporate Debtor had availed various fund-based term loan
M/s. Union Bank of India (Financial Creditor) filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) to initiate the Corporate Insolvency Resolution Process (CIRP) against M/s. Andhra Pradesh Gas Power Corporation Ltd. (Corporate Debtor). The application stemmed from the Corporate Debtor
