Reliance Communications Insolvency Petition
Reliance Communications is under insolvency with Rs.27,685 Cr in defaulted loans. All outstanding debt is considered in default per IBC 2016.
- Value
- ₹27,685 Cr
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Reliance Communications is under insolvency with Rs.27,685 Cr in defaulted loans. All outstanding debt is considered in default per IBC 2016.
Future Lifestyle Fashions Ltd announced its 38th Committee of Creditors meeting on 6 July 2026 under the CIRP. The resolution professional confirmed ongoing insolvency proceedings.
Impex Ferro Tech Ltd is convening its 29th CoC meeting under IBC. The company is under CIRP, indicating ongoing insolvency proceedings.
Spectra Industries Ltd is holding its 27th Committee of Creditors meeting under CIRP. The meeting will review process updates and approve incurred resolution costs.
Setubandhan Infrastructure is under CIRP with its resolution plan rejected by NCLT. The RP notes promoters' contact details are unavailable, hindering compliance.
BIL Vyapar Ltd, under CIRP, will hold its 15th Committee of Creditors meeting on July 3, 2026. This formal disclosure is mandated under SEBI LODR Regulation 30.
MT Educare Ltd disclosed Rs.32.33 Crore in defaults, confirming ongoing CIRP. The company is under NCLT supervision with a Resolution Professional appointed.
Madhya Pradesh Today Media received an insolvency petition from REC Ltd. The petition alleges a default amount of ₹44.88 Crore.
NCLT has admitted the Corporate Insolvency Resolution Process against Supreme Engineering Limited. Bank of India filed the petition claiming a default of ₹117.5 Crore.
Madhya Pradesh Today Media received an IBC section 7 petition from REC Ltd. The company is currently examining the legal petition.
Aksh Optifibre disclosed an NCLAT order regarding its CIRP. The appellant agreed to deposit ₹2 Crore to maintain operations under IRP supervision.
NCLAT set aside an NCLT order admitting an insolvency petition against Vikram Solar. The appeal succeeded as the claim amount was below ₹1 crore.
Supha Pharmachem disclosed an NCLAT order disposing of an insolvency appeal. The order prevents the Committee of Creditors from voting on resolutions until June 29, 2026.
SKIL Infrastructure Ltd announced a pre-facto intimation of its Seventh Committee of Creditors meeting on July 01, 2026. The notice complies with CIRP requirements under SEBI regulations.
K-Lifestyle & Industries Ltd held its 10th Committee of Creditors meeting. The company remains under Corporate Insolvency Resolution Process.
India Power Corporation Limited is undergoing a Corporate Insolvency Resolution Process. The company has submitted lists of admitted claims from creditors.
Vikram Solar disclosed a Rs.91.99 lakh payment to settle an operational creditor claim after an NCLAT order stayed the NCLT insolvency order. It seeks speedy case closure.
PS IT Infrastructure & Services Ltd submitted a provisional list of resolution applicants under CIRP per Regulation 36A. It shows eligible and ineligible candidates for the resolution.
Baron Infotech is undergoing CIRP under the IBC. The company attributed its delayed financial results to NCLT orders and Resolution Professional transitions.
Reliance Communications scheduled its 73rd Committee of Creditors meeting for June 25, 2026. The agenda includes NCLT plan approval directions and Reliance Realty asset sale proceeds.
Reliance Home Finance held its 11th Committee of Creditors meeting on June 24, 2026. The company remains under Corporate Insolvency Resolution Process.
Cerebra Integrated Technologies has filed for CIRP under IBC Section 10 with a Rs.27.68 Crore default to Canara Bank. This signals severe financial distress and potential restructuring or liquidation.
Impex Ferro Tech Ltd announced its 27th Committee of Creditors meeting on 17 June 2026 under CIRP. The hybrid session will be held in Kolkata.
BGR Energy Systems reported that the NCLAT hearing regarding its CIRP stay order has been adjourned. The next hearing is scheduled for June 23, 2026.
India Power Corp (formerly DPSC) is under CIRP after NCLT order. Promoter Aksara disclosed a Rs.0.14 Crore share sale.
The 9th COC meeting of Radhagobind Commercial Ltd is scheduled for June 15, 2026. The agenda includes discussing CIRP progress and approving a legal consultant for resolution plan due diligence.
NCLT initiated insolvency proceedings against the CMD as a personal guarantor for an unrelated entity's debt of Rs.3.65 Crore. The company states no material impact on its own operations or finances.
JRA Infrastructure Ltd, a promoter entity, has been admitted into CIRP by NCLT. Mrugesh Trading Ltd's operations remain unaffected.
India Power Corporation Limited is under the Corporate Insolvency Resolution Process as per NCLT order. The first creditors' meeting was convened, indicating ongoing insolvency proceedings.
Ansal Properties & Infrastructure Ltd remains in CIRP, with the 53rd creditors' meeting on 15 June 2026. The notice informs stakeholders of project-specific resolution updates.