
Business Update11 May 2026, 01:14 pm
SKIL Infrastructure Issues Fresh Invitation for Resolution Plans
AI Summary
SKIL Infrastructure Limited, undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016, has announced the publication of a fresh invitation for resolution plans. This follows the vacation of a stay by the NCLAT and the constitution of the Committee of Creditors (CoC). The CoC approved the appointment of Purusottam Behera as Resolution Professional. A fresh Form G has been published on May 1, 2026, with a deadline of May 16, 2026, for submission of expression of interest along with an earnest money deposit of ₹10,00,000.
Key Highlights
- SKIL Infrastructure issues fresh invitation for resolution plans under CIRP.
- Purusottam Behera appointed as Resolution Professional.
- Last date for EOI submission is May 16, 2026, with ₹10,00,000 deposit.
- Form G published following CoC approval on April 8, 2026.
- NCLAT vacated stay, allowing CoC constitution and CIRP to proceed.
Price Impact
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