India MCA Insolvency Liquidation Filings — March 19, 2026

19-03-2026

The National Company Law Tribunal (NCLT) Chennai Bench approved the Resolution Plan submitted by Successful Resolution Applicant Guruswamy Ramamurthy for Rajeswari Infrastructure Limited on January 13, 2026, concluding the Corporate Insolvency Resolution Process (CIRP) initiated via petition by Intec Capital Limited and admitted on May 10, 2023. The plan received CoC approval with 84.37% voting share after multiple revisions, extensions, and abstentions (e.g., Religare Finvest Limited at 68.91% initially abstained). The order disposes of related applications, including one seeking recovery of ₹2.19 Cr from respondent Guruswamy Ramamurthy.

• ·CIRP petition CP(IB)/133(CHE)/2022 admitted on May 10, 2023; public announcement on May 17, 2023 with claims deadline May 25, 2023
• ·Multiple CoC extensions approved: 90 days (Jan 19, 2024), further 90 days (May 9, 2024), 60 days (Sep 9, 2024), further 60 days (Oct 8, 2024), additional 60 days (Dec 16, 2024), and 30 days (Jan 2025)
• ·Resolution Plan e-voting extended from Nov 11, 2024 to Dec 25, 2024 at request of Union Bank of India
• ·CoC reconstituted after claim from Religare Finvest Limited (Aug 18, 2023 order)
• ·Addendum to Resolution Plan approved by CoC with 100% voting on Aug 25, 2025 proceedings

19-03-2026

JCT Limited, under Corporate Insolvency Resolution Process (CIRP), has scheduled its thirteenth meeting of the Committee of Creditors (CoC) on March 20, 2026, at 4:00 PM via video conferencing. The intimation was issued by Resolution Professional Umesh Garg on March 18, 2026, and disclosed to BSE Limited under Regulation 30 of SEBI (LODR), 2015. No financial outcomes or decisions from the meeting were detailed in this update.

• ·Scrip Code: 500223
• ·CIN: L17117PB1946PLC004565
• ·IBBI Reg. No.: IBBI/IPA-001/IP-P00135/2017-2018/10277

19-03-2026

Compuage Infocom Limited, under Corporate Insolvency Resolution Process (CIRP) pursuant to NCLT order dated April 29, 2024 (received May 9, 2024), has intimated the scheduling of its 24th Committee of Creditors meeting on March 25, 2026, at 3:00 P.M. The company's affairs, business, and assets are managed by Resolution Professional Mr. Gajesh Labhchand Jain. No financial performance metrics or period comparisons are disclosed in this regulatory filing.

• ·RP Registration No.: IBBI/IPA-001/IP-P-01697/2019-2020/12588; Validity: December 31, 2026
• ·Company CIN: L99999MH1999PLC135914
• ·Security Code (BSE): 532456; Symbol (NSE): COMPINFO

19-03-2026

Adani Ports and Special Economic Zone Limited has expressed in-principle interest to serve as one of the Implementing Entities under the Resolution Plan submitted by Adani Enterprises Limited for Jaiprakash Associates Limited, approved by the NCLT Allahabad bench on March 17, 2026. The interest pertains to acquiring certain aviation assets from JAL and gaining indirect control over Kanpur Fertilizers and Chemicals Limited (including its industrial and commercial lands in Kanpur), potentially through subsidiaries Karnavati Aviation Private Limited and/or Mandhata Build Estate Limited, subject to necessary approvals. No financial terms or timelines for completion were disclosed.

• ·NCLT order uploaded on website on March 18, 2026.
• ·Ref No: APSEZL/SECT/2025-26/153.
• ·Scrip Code: 532921 (BSE), ADANIPORTS (NSE).

19-03-2026

Adani Power Limited has expressed in-principle interest to serve as one of the Implementing Entities under the Resolution Plan submitted by Adani Enterprises Limited for the insolvent Jaiprakash Associates Limited, approved by the National Company Law Tribunal (NCLT) Allahabad bench on March 17, 2026. The company intends to acquire certain power assets and investments from JAL, subject to necessary approvals. This disclosure was made to BSE and NSE on March 19, 2026.

• ·NCLT order uploaded on NCLT website on March 18, 2026
• ·CIN: L40100GJ1996PLC030533

19-03-2026

Adani Enterprises Limited (AEL) received NCLT Allahabad Bench approval on March 17, 2026 (placed on website March 18, 2026) for its resolution plan dated October 14, 2025, to acquire Jaiprakash Associates Limited (JAL), which was approved by the Committee of Creditors (CoC) with 93.81% voting share on November 18, 2025. The CIRP for JAL, initiated on June 3, 2024, has total admitted claims of ₹57,497.93 Cr, dominated by NARCL at ₹49,119.07 Cr (85.43% voting share). Implementation may involve Adani group entities or SPVs, with no material challenges noted post-approval.

• ·CIRP initiated via ICICI Bank petition admitted on June 3, 2024.
• ·Form G for EOIs published January 10, 2025; last date February 9, 2025.
• ·CoC reconstituted November 5, 2025, after claims verified till same date.

19-03-2026

NCLT Allahabad Bench approved the resolution plan submitted by Adani Enterprises Limited for Jaiprakash Associates Limited on March 17, 2026, with the order uploaded on March 18, 2026; existing shares will be cancelled for zero consideration, resulting in 100% ownership by the Implementing Entity and delisting at NIL exit price for shareholders. The plan includes payments to creditors such as ₹6,005 Cr upfront to assenting secured non-class financial creditors and up to ₹800 Cr infusion commitment by the resolution applicant, while the company's pre-CIRP net worth stands at negative ₹69,034 Cr. The company will continue as a going concern, but equity holders receive nothing amid significant creditor haircuts, including NIL for assenting unsecured non-class financial creditors.

• ·Effective Date not later than 90 days from March 17, 2026 (Plan Approval Date).
• ·NIL payment to Assenting Unsecured Non Class Financial Creditors.
• ·CIRP Costs and Standstill Period Costs to be discharged at actuals on Effective Date.
• ·Security over JPVL shares held by JAL continues in favour of JPVL lenders.

19-03-2026

Bharat Coking Coal Limited achieved a record single-day coal booking of approximately 2,36,850 tonnes under its Special Discount Scheme offering discounts from ₹100 to ₹600 per tonne. Bookings included 1,80,000 tonnes via rail mode across 45 rakes and 56,850 tonnes via road mode, reflecting strong consumer response. This milestone underscores the effectiveness of the company's consumer-centric policies, expected to support steel and core industries.

• ·E-auction conducted on March 18, 2026
• ·Scrip Code: 544678
• ·ISIN: INE05XR01022
• ·Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015

19-03-2026

Ansal Properties & Infrastructure Limited has provided prior intimation of the 50th Meeting of the Committee of Creditors for its Fernhill project in District Gurgaon, Haryana, scheduled for March 23, 2026, managed by Resolution Professional Shri Jalesh Kumar Grover. The company's Corporate Insolvency Resolution Process has been confined to Lucknow and Rajasthan projects per NCLAT order dated January 2026, following a settlement with IL&FS Financial Services Limited, while the Serene Residency project in Greater Noida had its resolution plan approved by NCLT on October 6, 2025. No financial outcomes or changes from the meeting are disclosed.

• ·Initial CIRP admission for APIL on November 16, 2022, later confined to Fernhill project per NCLAT order dated January 13, 2023.
• ·Settlement agreement dated March 3, 2022, between IL&FS Financial Services Limited and Ansal Properties and Infrastructure Limited.