CMI Limited Steers Through Corporate Insolvency Resolution Process with Resilience

Key Highlights

• CMI Limited is undergoing a Corporate Insolvency Resolution Process (CIRP) following an NCLT order.
• The Resolution Professional has been managing the company since July 2023 and has ensured compliance with the Insolvency and Bankruptcy Code (IBC).
• Despite challenges, the company has maintained operational continuity and covered operational expenses through its own operations.
• The Annual Report for 2024-25 highlights the company's resilience and current financial position.
• The company seeks continued support from stakeholders during this critical phase.