Siti Networks: NCLT Appoints Trupalkumar Patel as Resolution Professional

Siti Networks Limited has announced the appointment of Mr. Trupalkumar Patel as the Resolution Professional (RP) by the Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench. This appointment follows the cancellation of the previous RP's registration by the IBBI. The decision was made during a Joint Lender Meeting on September 16, 2026, where Mr. Patel received 72% voting support. The NCLT order, dated September 28, 2026, was received by the company on October 12, 2026. This development is a continuation of earlier communications regarding the company's insolvency proceedings under the IBC, 2016.