Company Status: Under CIRP
Understanding the Corporate Insolvency Resolution Process
The status "Under CIRP" means that the company is currently undergoing the Corporate Insolvency Resolution Process. This process aims to revive the company by restructuring its operations or finding a suitable buyer, with the oversight of the Insolvency and Bankruptcy Board.
Why is a Company Under CIRP?
- 1. Financial Difficulties: The company may be facing severe financial problems, leading to insolvency.
- 2. Creditor Pressure: Creditors may have initiated the CIRP to recover dues and ensure a fair process.
- 3. Restructuring Needs: The company needs a structured plan to revive its operations and improve financial health.
What Does This Mean for the Company?
- 1. Supervised Management: The company's management may be taken over by an Insolvency Professional to ensure proper handling of assets and liabilities.
- 2. Temporary Protection: The company gets temporary protection from creditors, preventing them from taking legal action during the resolution process.
- 3. Focus on Revival: The primary goal is to revive the company, either through restructuring its operations or finding a buyer willing to take over.
List of Under CIRP Companies
Displaying 18 Under CIRP companies from MCA database.
Under CIRP
OMANSH ENTERPRISES LIMITED
G-58, Vardhman Premium Mall,Opp Kali Mata, Deepali Chowk, PitampuraRani Bagh-Delhi-Delhi-110034-India
Registration Date
20 Mar, 1974
Category
Company limited by shares
Authorized Capital
₹35,500,000.00
Paid-up Capital
₹35,500,000.00
ROC Delhi
Indian
Under CIRP
JIYA ECO-PRODUCTS LIMITED
SURVEY NO. 202/2/1, NAVAGAM (G), TALUKA VALLABHIPURNA-BHAVNAGAR-Gujarat-364313-India
Registration Date
27 Dec, 2011
Category
Company limited by shares
Authorized Capital
₹320,000,000.00
Paid-up Capital
₹300,733,000.00
ROC Ahmedabad
Indian
Under CIRP
SHREE RAM PROTEINS LIMITED
IMPERIAL HEIGHTS TOWER-B, SECOND FLOOR, OFFICE NO. B-206, 150 FT RING ROAD, OPPBIG BAZARNA-RAJKOT-Gujarat-360005-India
Registration Date
29 Aug, 2008
Category
Company limited by shares
Authorized Capital
₹500,000,000.00
Paid-up Capital
₹214,200,000.00
ROC Ahmedabad
Indian
Under CIRP
MCDOWELL HOLDINGS LIMITED
UB Tower, Level 12, UB City 24 Vittal Mallya RoadNA-Bangalore-Karnataka-560001-India
Registration Date
01 Mar, 2004
Category
Company limited by shares
Authorized Capital
₹150,000,000.00
Paid-up Capital
₹139,923,000.00
ROC Bangalore
Indian
Under CIRP
KANEL INDUSTRIES LIMITED
203/ABHIJEET BUILDNGSNEAR MITHAKHALI 6 ROAD ELLISSBRIDGENA-AHMEDABAD-Gujarat-380009-India
Registration Date
29 Jan, 1992
Category
Company limited by shares
Authorized Capital
₹200,000,000.00
Paid-up Capital
₹184,124,000.00
ROC Ahmedabad
Indian
Under CIRP
SANWARIA CONSUMER LIMITED
Office Hall No. 1, First Floor, Metro Walk Bittan MarketNA-Bhopal-Madhya Pradesh-462016-India
Registration Date
22 Apr, 1991
Category
Company limited by shares
Authorized Capital
₹780,000,000.00
Paid-up Capital
₹736,100,000.00
ROC Gwalior
Indian
Under CIRP
MAHIP INDUSTRIES LIMITED
SURVEY NO. 127, JALALPUR - GODHNESHWAR DHOLKA - BAGODARA HIGHWAYNA-Ahmedabad-Gujarat-387810-India
Registration Date
14 Nov, 1995
Category
Company limited by shares
Authorized Capital
₹210,000,000.00
Paid-up Capital
₹192,400,000.00
ROC Ahmedabad
Indian
Under CIRP
GOLDEN TOBACCO LIMITED
DARJIPURA, POST - AMALIYANA-VADODARA-Gujarat-390022-India
Registration Date
28 Jun, 1955
Category
Company limited by shares
Authorized Capital
₹350,000,000.00
Paid-up Capital
₹175,880,000.00
ROC Ahmedabad
Indian
Under CIRP
S K S TEXTILES LIMITED
H No. 1246/1K, GALA: 1-9, 1st Floor, Blndg B-4, Prithvi Complex, Kalher VillageNA-Thane-Maharashtra-421302-India
Registration Date
20 Oct, 1997
Category
Company limited by shares
Authorized Capital
₹33,000,000.00
Paid-up Capital
₹32,594,400.00
ROC Mumbai
Indian
Under CIRP
SHREE RAM URBAN INFRASTRUCTURE LIMITED
SHREE RAM MILLS LTDGANAPATRAO KADAM MARG LOWER PAREL,NA-BOMBAY-Maharashtra-400013-India
Registration Date
25 Jan, 1935
Category
Company limited by shares
Authorized Capital
₹1,000,000,000.00
Paid-up Capital
₹411,345,000.00
ROC Mumbai
Indian
Under CIRP
RAJVIR INDUSTRIES LIMITED
1ST FLOOR, SURYA TOWERS, 105,S.P. ROAD, SECUNDERABADNA-ANDHRA PRADESH-Telangana-500003-India
Registration Date
01 Sep, 2004
Category
Company limited by shares
Authorized Capital
₹140,000,000.00
Paid-up Capital
₹39,948,600.00
ROC Hyderabad
Indian
Under CIRP
HIND SYNTEX LTD.
PLOT NO.2,3,4 AND 5 INDUSTRIAL GROWTH CENTRE INDUSTRIAL GROWTH CENTRENA-KURAWAR-Madhya Pradesh-465667-India
Registration Date
03 Dec, 1980
Category
Company limited by shares
Authorized Capital
₹160,000,000.00
Paid-up Capital
₹127,186,000.00
ROC Gwalior
Indian
Under CIRP
KSL AND INDUSTRIES LIMITED
69A, DHANU UDYOG INDUSTRIAL AREA, PIPERIA,NA-SILVASSA (U.T.)-Dadra & Nagar Haveli-396230-India
Registration Date
11 Jan, 1983
Category
Company limited by shares
Authorized Capital
₹1,050,000,000.00
Paid-up Capital
₹402,673,000.00
ROC Ahmedabad
Indian
Under CIRP
JINAAM'S DRESS LIMITED
PLOT NO. 524, ROAD NO.5, G.I.D.C., SACHINNA-SURAT-Gujarat-394230-India
Registration Date
04 Mar, 2011
Category
Company limited by shares
Authorized Capital
₹240,000,000.00
Paid-up Capital
₹222,820,000.00
ROC Ahmedabad
Indian
Under CIRP
BLUE BLENDS (INDIA) LIMITED
JBF HOUSE, 2ND FLOOR, OLD POST OFFICE LANE, KALBADEVI ROAD,NA-MUMBAI-Maharashtra-400002-India
Registration Date
16 Feb, 1981
Category
Company limited by shares
Authorized Capital
₹535,000,000.00
Paid-up Capital
₹216,512,000.00
ROC Mumbai
Indian
Under CIRP
BOMBAY RAYON FASHIONS LIMITED
Office Space Number - 06B123, WeWork Raheja Platinum,Sag baug Road, Off Andheri Kurla Road, Andheri EastMarol Naka-Mumbai-Maharashtra-400059-India
Registration Date
21 May, 1992
Category
Company limited by shares
Authorized Capital
₹11,000,000,000.00
Paid-up Capital
₹3,174,800,000.00
ROC Mumbai
Indian
Under CIRP
EASTERN SILK INDUSTRIES LIMITED
19 R N MUKHERJEE RDNA-KOLKATA-West Bengal-700001-India
Registration Date
09 Apr, 1946
Category
Company limited by shares
Authorized Capital
₹500,000,000.00
Paid-up Capital
₹157,905,000.00
ROC Kolkata
Indian
Under CIRP
SILVERTON SPINNERS LIMITED
FALTA INDUSTRIAL GROWTH CENTRE, SECTOR IV 24 PGS. (S)NA-FALTA-West Bengal-743504-India
Registration Date
28 Jun, 1994
Category
Company limited by shares
Authorized Capital
₹910,000,000.00
Paid-up Capital
₹879,226,000.00
ROC Kolkata
Indian
What Can Stakeholders Do?
- 1. Stay Informed: Stakeholders should stay updated on the progress of the CIRP and any decisions made by the Insolvency Professional.
- 2. File Claims: Creditors should file their claims to ensure their dues are considered in the resolution process.
- 3. Engage Constructively: Stakeholders can engage constructively in the process to help find a suitable resolution for the company.
Conclusion
The "Under CIRP" status indicates that the company is undergoing a structured process aimed at reviving its operations. Stakeholders should be proactive in staying informed and engaging in the resolution process to ensure a favorable outcome.
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