
Legal11 Jun 2026, 05:21 pm
Evoq Remedies Ltd Faces CIRP Admission
AI Summary
Evoq Remedies Limited has been admitted into Corporate Insolvency Resolution Process (CIRP) by the National Company Law Tribunal (NCLT), Ahmedabad. The application was filed by M/s. Harbhole Agrotech, an operational creditor, for an alleged operational debt of ₹1,95,00,000/- arising from non-refund of an advance amount for goods supply. The NCLT order dated June 9, 2026, admitted the petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. Ms. Dipti Narayan Mundra has been proposed as the Interim Resolution Professional.
Key Highlights
- Evoq Remedies Ltd admitted to CIRP by NCLT Ahmedabad.
- Operational creditor claims ₹1.95 Cr for non-refund of advance.
- Insolvency and Bankruptcy Code, 2016 invoked.
- Interim Resolution Professional proposed.
Price Impact
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