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Telecom -  Equipment & Accessories
Loan & Debt20 Jun 2026, 09:30 pm

Aksh Optifibre Ltd Enters Corporate Insolvency Resolution Process

AI Summary

Aksh Optifibre Ltd has officially commenced its Corporate Insolvency Resolution Process (CIRP) as ordered by the National Company Law Tribunal, Jaipur Bench. The announcement, published on June 20, 2026, invites creditors to submit their claims by January 3, 2026. The insolvency process is estimated to conclude by December 16, 2026. Praveen Kumar Singhal has been appointed as the Interim Resolution Professional. This development follows a petition filed by Shantanu Investments Pvt Ltd.

Key Highlights

  • Aksh Optifibre Ltd's CIRP commenced on June 19, 2026.
  • Creditors must submit claims by January 3, 2026.
  • Praveen Kumar Singhal appointed as Interim Resolution Professional.
  • Insolvency process estimated to close by December 16, 2026.
  • NCLT Jaipur ordered the commencement of CIRP.