Default25 Aug 2026, 03:59 pm
Satiate Agri Ltd Enters Corporate Insolvency Resolution Process
AI Summary
Satiate Agri Ltd has officially commenced its Corporate Insolvency Resolution Process (CIRP) as ordered by the National Company Law Tribunal, Indore Bench, on August 20, 2026. The company has published a public announcement in Form A, notifying stakeholders and inviting creditors to submit their claims by September 3, 2026. The interim resolution professional, M/s MVK IPE LLP, has been appointed to oversee the process, which is estimated to conclude by February 16, 2027. This development marks a significant regulatory event for the company, initiating a formal process to address its financial distress.
Key Highlights
- CIRP commenced for Satiate Agri Ltd on August 20, 2026.
- Creditors must submit claims by September 3, 2026.
- M/s MVK IPE LLP appointed as Interim Resolution Professional.
- Estimated closure of CIRP is February 16, 2027.
- Public announcement published in The Free Press Journal and Choutha Sansaar.
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