Sibly Industries Ltd admitted to CIRP by NCLT

Sibly Industries Limited has been admitted to the Corporate Insolvency Resolution Process (CIRP) by the Hon'ble National Company Law Tribunal (NCLT), Allahabad Bench. The admission follows an application filed under Section 7 of the Insolvency and Bankruptcy Code, 2016. Mr. Mohit Goyal has been appointed as the Interim Resolution Professional (IRP) to manage the company's affairs. A moratorium has been in effect since October 27, 2026, suspending the powers of the Board of Directors. The IRP is in the process of forming the Committee of Creditors.