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Eureka Industries Limited enters insolvency resolution process following an NCLT order in Ahmedabad
15-Aug-2026, 05:13
Eureka Industries Limited has commenced a pre-packaged insolvency resolution process following an order from the National Company Law Tribunal (NCLT) in Ahmedabad dated August 14, 2026. The order, stemming from CP (IB&PP) No. 01/54C (AHM) 2026, appoints Bimal Ashok Desai as the resolution professional, registration number IBBI/IPA-001/IP-P00748/2017-2018/11281. While the existing Board of Directors will continue to manage the company's affairs, the move is in compliance with Chapter III-A of Part II of the Insolvency and Bankruptcy Code, 2016.
Eureka Industries Limited has commenced a pre-packaged insolvency resolution process following an order from the National Company Law Tribunal (NCLT) in Ahmedabad dated August 14, 2026. The order, stemming from CP (IB&PP) No. 01/54C (AHM) 2026, appoints Bimal Ashok Desai as the resolution professional, registration number IBBI/IPA-001/IP-P00748/2017-2018/11281. While the existing Board of Directors will continue to manage the company's affairs, the move is in compliance with Chapter III-A of Part II of the Insolvency and Bankruptcy Code, 2016.