Simbhaoli Sugars Forms Committee of Creditors

Simbhaoli Sugars Limited has informed the exchange about the constitution of its Committee of Creditors on July 17, 2026. This follows the vacation of a stay on its Corporate Insolvency Resolution Process (CIRP) by the Hon'ble NCLAT on July 13, 2026. The CIRP commenced on July 11, 2024, with Mr. Anurag Goel appointed as the Interim Resolution Professional (IRP). The formation of the committee is a procedural step under the Insolvency and Bankruptcy Code, 2016, allowing creditors to collectively manage the resolution process.