India MCA Insolvency Liquidation Filings — May 04, 2026

04-05-2026

Meghmani Organics Limited has issued a notice for an NCLT-convened meeting of its unsecured creditors on June 6, 2026, at 03:30 p.m. IST via video conferencing to consider and approve, with or without modifications, the proposed Scheme of Amalgamation involving Kilburn Chemicals Limited and Meghmani Crop Nutrition Limited as transferor companies merging into Meghmani Organics as the transferee company. The meeting follows NCLT orders dated April 20, 2026 (amended April 30, 2026), with remote e-voting from June 3 to June 5, 2026, and a cut-off date of March 27, 2026, for eligibility. No financial performance metrics are detailed in the notice, which includes annexures of financial statements and reports but focuses on procedural compliance.

• ·NCLT Application: CA(CAA)/23(AHM)2026
• ·EVSN: 260233
• ·Company CIN: L24299GJ2019PLC110321
• ·Registered Office: 1st 2nd 3rd Fl Nr Raj Bunglow Nr Safal, Profitaire Prahladnagar Satellite, Ahmedabad - 380015
• ·Annexures include audited FY ended March 31, 2025 and unaudited Dec 31, 2025 financials for all companies, board reports dated April 4, 2026, shareholding patterns as on March 31, 2026, and post-merger balance sheet as on Dec 31, 2025

04-05-2026

Kopran Limited notified BSE and NSE of newspaper advertisements published on May 02, 2026, in Free Press Journal and Navshakti, for NCLT-convened meetings of equity shareholders, secured creditors, and unsecured creditors of Kopran Laboratories Limited and Kopran Limited to approve the Scheme of Amalgamation (Merger by Absorption), pursuant to NCLT Mumbai Bench order dated April 09, 2026. Meetings are scheduled for June 3, 2026 via video conferencing, with remote e-voting from May 27 to June 2, 2026. However, the same newspaper includes DRT summons for debt recovery proceedings against both companies (OA/250/2025 for Rs. 2702797.17 and OA/249/2025 for Rs. 2559740.4) and a SARFAESI e-auction notice for Kopran Limited's flat with reserve price of Rs.47.10 Lakh.

• ·NCLT meetings via VC/OAVM: Equity Shareholders on June 3, 2026 at 10:00 AM IST; Secured Creditors at 11:30 AM IST.
• ·Remote e-voting period: May 27, 2026 9:00 AM IST to June 2, 2026 5:00 PM IST.
• ·DRT summons issued on March 6, 2026; defendants to appear before Registrar on May 8, 2026 at 10:30 AM.
• ·E-auction of Kopran Limited's flat (58.34 Sq. mtrs. built-up) on https://sarfaesi.auctiontiger.net; inspection May 29, 2026 3:00-4:00 PM.

04-05-2026

Embassy Developments Limited secured a favorable judgment from NCLAT, quashing the NCLT order dated December 9, 2025, that admitted Corporate Insolvency Resolution Process (CIRP) against the company, fully relieving it from all insolvency proceedings. The company reiterated its financial soundness and normal operations, highlighted by strong FY26 performance with pre-sales of approximately ₹4,600 crore, including highest-ever quarterly bookings in Q4. Chairman Jitu Virwani described it as resolution of a misconstrued legacy issue from Indiabulls Real Estate era.

• ·NCLT order admitting CIRP: December 9, 2025
• ·Long-term debt rating: IVR A- (Stable) from Infomerics
• ·Scrip Code: 532832; Symbol: EMBDL
• ·Portfolio focus: Bengaluru, MMR, NCR, Chennai, Indore; includes residential projects across mid-income, premium, luxury segments

04-05-2026

Bihar Sponge Iron Limited received a Demand Notice under the Insolvency and Bankruptcy Code, 2016, from M/s Gohil Enterprises Private Limited for an alleged unpaid operational debt of ₹1,97,94,250. The company clarifies it has neither acknowledged nor admitted the claim, is currently reviewing the matter, and plans to take legal steps. This disclosure was made pursuant to Regulation 30 of SEBI LODR due to the materiality of the amount involved.

• ·Filing Date: May 04, 2026
• ·Scrip Code: 500058
• ·CIN: L27106JH1982PLC001633
• ·Registered Office: Umesh Nagar, Chandil-832401, Distt. Saraikela-Kharsawan, Jharkhand

04-05-2026

Dabur India Limited conducted a meeting of equity shareholders on May 02, 2026, via VC/OAVM as directed by the NCLT New Delhi Bench, to approve the Scheme of Amalgamation between Sesa Care Private Limited (Transferor Company) and Dabur India Limited (Transferee Company) under Sections 230-232 of the Companies Act, 2013. The scrutinizer, Mr. Pratish Sinha, issued a report on remote e-voting (April 28 to May 01, 2026) and e-voting during the meeting, with results disclosed per Regulation 44 of SEBI LODR. No financial metrics or performance comparisons are provided in the filing.

• ·Meeting commenced at 11:00 A.M. IST but adjourned for 30 minutes due to lack of quorum, resuming at 11:35 A.M.
• ·Equity shareholders as on April 25, 2026, were eligible to vote.
• ·NCLT order dated March 12, 2026; notice sent to shareholders as on March 20, 2026.

04-05-2026

Kallam Textiles Limited (formerly Kallam Spinning Mills Limited) held its first Committee of Creditors (CoC) meeting on May 2, 2026, from 11:30 AM to 1:15 PM as part of its ongoing Corporate Insolvency Resolution Process (CIRP). The meeting covered claims received, CoC constitution, CIRP timelines, model timelines for Expression of Interest/resolution plans, ratification of expenses, appointments of Resolution Professional, support services (G. Joshi & Co), and two registered valuers, along with approvals for future meeting notices, frequencies, and account transactions. No financial performance metrics, resolutions, or outcomes were disclosed, indicating ongoing procedural steps in the insolvency process.

• ·Meeting minutes circulated via email on May 4, 2026, at 11:39 AM.
• ·Agenda items included: A4 (claims by IRP), A5 (CoC constitution), A6 (CIRP timelines), A7 (EoI/resolution plans timelines), B1 (expenses ratification), B2 (RP appointment), B3 (IRP/RP remuneration), B4 (G. Joshi & Co appointment), B5 (2 valuers approval), B6 (EoI document & Form G), B7 (24-hour short notice for meetings), B8 (CoC meetings up to every 3 months), B9 (RP debit authorization).

04-05-2026

Vikas WSP Ltd., under Corporate Insolvency Resolution Process (CIRP) since February 2, 2022 with affairs managed by Resolution Professional Mr. Darshan Singh Anand, disclosed that the NCLT Chandigarh Bench hearing on May 4, 2026 for approval of the Resolution Plan (IA (I.B.C.) No. 1538/2022) could not proceed due to a special bench session and has been rescheduled to May 11, 2026. This updates the prior communication dated April 27, 2026. No other developments or financial impacts were reported.

• ·Scrip Code: 519307
• ·ISIN: INE706A01022
• ·NCLT: Chandigarh Bench, Court-II
• ·CIRP effective date: February 2, 2022
• ·RP appointment order date: February 2, 2022
• ·CoC confirmation of RP: March 17, 2022
• ·Company website: www.vikaswspltd.in

04-05-2026

The NCLT Mumbai Bench issued an order on May 04, 2026, directing Hubtown Limited (Transferee Company) to convene a meeting of its equity shareholders within 60 days to consider and approve the Scheme of Arrangement for the merger of 25 West Realty Private Limited (Transferor Company) into Hubtown, with an appointed date of April 01, 2025. The scheme, approved by boards on June 30, 2025, aims to consolidate the high-potential '25 West' super-luxury residential project into Hubtown, enhancing its market position, operational efficiencies, and financial returns without any reported drawbacks. Shareholders of the Transferor will receive 42 equity shares of Hubtown (face value ₹10 each) for every 1 share held.

• ·Joint application filed on February 12, 2026 under Sections 230-232 of Companies Act, 2013.
• ·BSE and NSE observation letters received on November 14, 2025.
• ·NCLT order uploaded on company website: https://hubtown.co.in/investor-relations.
• ·Equity shareholders meeting for Hubtown to be held via VC/AV means with remote e-voting; notice 30 clear days prior via email/post with QR codes.

04-05-2026

The 23rd Committee of Creditors (COC) meeting of Bloom Dekor Limited in CIRP on April 21, 2026, approved the resolution plan submitted by Dr. Sunil Gupta & Mr. Karan Singh Wilkhoo dated April 23, 2026, declaring them the Successful Resolution Applicant and authorizing the Resolution Professional to proceed with filings under IBC. While COC members expressed inclination towards the resolution plan and deferred liquidation as a last resort pending NCLT approval, the company remains in insolvency with potential for liquidation if the plan fails. Various CIRP costs were ratified, including going concern expenses of Rs. 48,56,966.46.

• ·CS Tushar Dineshbhai Donda resigned w.e.f. November 19, 2024.
• ·Ratified change in designation of Mrs. Falguni Rajanbhai Shah from Chief Financial Officer to Chief Financial Officer & Additional Executive Director, approved in Board Meeting on March 21, 2026.
• ·Evaluation matrix for the Resolution Plan ratified.