India MCA Insolvency Liquidation Filings — April 22, 2026

22-04-2026

Ansal Properties & Infrastructure Limited disclosed minutes of the 51st Committee of Creditors (CoC) meeting for its Fernhill Project in Gurgaon, Haryana, held on April 21, 2026, confirming 100% voting rights quorum with participation from homebuyers' representative and an unsecured creditor. The CoC approved minutes of the prior meeting, noted e-voting results, and received updates on ongoing litigations against parties like Samyak Projects and Piyare Lal Builders, all now adjourned to May 8, 2026, with no resolutions passed or financial approvals made. Directors remained absent despite notice, and the insolvency process continues without notable progress.

• ·Ongoing litigations (IA Nos. 2957/2024, 3022/2024, 3245/2024, 1459/2023) against Piyare Lal Builders and Samyak Projects under Sections 66, 43, and 19(2), all listed for hearing on May 8, 2026 at NCLT Delhi.
• ·IBBI order against RP stayed by High Court; effective only after April 30, 2026.
• ·Serene Residency resolution plan approved by NCLT on October 6, 2025.
• ·NCLAT order on January 7, 2026 confined CIRP to Lucknow and Rajasthan projects.
• ·All suspended directors absent from 51st CoC meeting.

22-04-2026

Kaya Limited disclosed the dissolution of its wholly owned subsidiary, KME Holdings Pte. Ltd., effective April 22, 2026, as per records of Singapore's Accounting and Corporate Regulatory Authority (ACRA). The subsidiary contributed Rs. 25,68,71,565.22 (10% of turnover/revenue/income) and Rs. 75,83,333.62 (1% of net worth) during the last financial year ended March 31, 2025. The company stated that the subsidiary was not material and the dissolution will have no impact on its business or financials.

• ·Dissolution was voluntary and effective April 22, 2026
• ·No consideration received; all other disclosure items marked as Not Applicable

22-04-2026

Educomp Solutions Limited, under insolvency proceedings, has intimated the scheduling of its Thirty First Meeting of the Committee of Creditors (CoC) on April 23, 2026, at 2:30 P.M. via audio-visual mode. The disclosure complies with Regulation 30(2) read with Schedule III of SEBI (LODR) Regulations, 2015, and is issued by the Resolution Professional. No financial outcomes or decisions from prior meetings are detailed in this notice.

• ·Scrip Codes: BSE - 532696, NSE - EDUCOMP
• ·CIN: L74999DL1994PLC061353
• ·IBBI Registration No.: IBBI/IPA-001/IP-P-02786/2022-2023/14259
• ·Corporate Office: 514, Udyog Vihar, Phase III, Gurgaon – 122001, Haryana
• ·Registered Office: L-314 (Ground & 1st Floor), Gali No. 7, Mahipalpur (Near Mata Chowk), New Delhi-110037
• ·Contact: Tel.: 91-124-4529000; email: investor.services@educomp.com; Website: www.educomp.com

22-04-2026

The NCLT Kolkata Bench dismissed an insolvency application (C.P(IB) No. 37/KB/2022) filed by Mittal Polysacks Private Limited against Burnpur Cement Limited on April 20, 2026, ruling in favor of the company. The application claimed an unpaid operational debt of ₹1,25,14,519 principal plus ₹1,00,47,273 interest (total ₹2,25,61,792) for polypropylene cement bags supplied in 2016, which the company disputed due to lack of documentation, related party issues, and account reversals. Burnpur Cement continues operations as a going concern without insolvency proceedings.

• ·Application filed under Section 9 IBC, 2016; demand notice issued September 29, 2021.
• ·Supplies period: January 16, 2016 to December 23, 2016.
• ·Account confirmations dated March 31, 2018, February 1, 2019; debt reversed in financial statements post-UV ARC takeover on October 1, 2019.
• ·NCLT order received by company on April 21, 2026; disclosed to exchanges on April 22, 2026.

22-04-2026

The National Company Law Tribunal (NCLT), Amaravati Bench, admitted the insolvency petition (CP No. CP(IB)/58/7/AMR/2024) filed by National Asset Reconstruction Company Limited (NARCL) as Financial Creditor against BGR Energy Systems Limited under Section 7 of the Insolvency and Bankruptcy Code, 2016, initiating Corporate Insolvency Resolution Process (CIRP) and declaring a moratorium under Section 14. The order considers a total default amount of ₹584.67 Crores as on 31.08.2024, with the date of default being 30.06.2022. Mr. Dommeti Surya Rama Krishna Saibaba has been appointed as Interim Resolution Professional, and the company intends to appeal to the National Company Law Appellate Tribunal (NCLAT).

• ·NCLT orders dated 1st April 2026 (substitution of NARCL) and 17th April 2026 (admission of petition)
• ·Interlocutory Application No. IA(IBC)/366/2025
• ·IRP Registration No: IBBI/IPA-003/IP-N00165/2018-2019/12106
• ·Date of default: 30.06.2022

22-04-2026

Sammaan Capital Limited (formerly Indiabulls Housing Finance Limited) received an observation letter with 'no adverse observations' from BSE Limited on April 21, 2026, and a 'no objection' letter from National Stock Exchange of India Limited on April 22, 2026, for the proposed Scheme of Arrangement (demerger) between Sammaan Capital Limited (Resulting Company) and Sammaan Finserve Limited (Demerged Company). This approval enables the company to file the scheme with the National Company Law Tribunal (NCLT), subject to compliance with SEBI observations and other conditions. The letters have been hosted on the company's website at https://www.sammaancapital.com/scheme-of-arrangement.

• ·Scrip Codes: BSE 535789, 890192; NSE SAMMAANCAP/EQ, SCLPP
• ·NSE Observation Letter reference: NSE/LIST/53047/53137; Validity: 6 months from April 22, 2026
• ·Earlier board approval intimation: December 31, 2025
• ·CIN: L65922DL2005PLC136029

22-04-2026

Hon'ble NCLT Mumbai Bench approved TCFC Finance Limited's scheme for reduction of share capital from ₹10,48,21,290 divided into 1,04,82,129 equity shares of ₹10 each to ₹9,94,87,950 divided into 99,48,795 equity shares of ₹10 each, by cancelling 5,33,334 treasury shares held by the company without any consideration, with debit to paid-up capital and credit to retained earnings. The proposal received approval from a shareholder holding 99.98% of share capital via special resolution at AGM on 26th September 2025, with no objections and only one unsecured creditor of ₹15,000. The company plans to file the certified order with ROC within prescribed timelines.

• ·Board approved resolution on 28th March 2024; special resolution at AGM on 26th September 2025.
• ·NCLT directions issued on 05th December 2025; Regional Director report dated 18th March 2026 with no pending inspections.
• ·No secured creditors; company to publish notice in Business Standard (English) and Navshakti (Marathi) within 30 days of ROC filing.

22-04-2026

Associated Alcohols & Breweries Limited (AABL) received NCLT Kochi Bench approval on April 16, 2026, for its resolution plan to acquire SDF Industries Ltd., a distillery-cum-bottling unit in Thrissur, Kerala, at a cost of ₹30.85 crore, making it a wholly-owned subsidiary. SDF offers IMFL bottling capacity of ~3.60 lakh cases per annum and ENA distillery capacity of 75 lacs liters per annum on 10 acres of land. The acquisition enables in-house bottling for AABL's Kerala brands like Lemount White Brandy, with operations targeted to commence by September 2026 to enhance efficiency and support growth.

• ·AABL entered Kerala market in 2018 and ranks among top 3 private players in the state.
• ·SDF facility located on Thrissur-Palakkad border, well-connected to Kochi, Coimbatore, and Calicut airports.
• ·Press release issued on April 22, 2026, following prior communications on April 16 and 20, 2026.

22-04-2026

Baron Infotech Limited, currently under Corporate Insolvency Resolution Process (CIRP), has notified BSE of its 23rd Committee of Creditors (CoC) meeting scheduled for April 23, 2026, at 6:00 PM IST. The meeting will deliberate on the due diligence report for Resolution Applicants and connected persons under Section 29A of the Insolvency and Bankruptcy Code, 2016, and consider approving a Resolution Plan. This disclosure complies with Regulation 30 and Schedule III of SEBI (LODR) Regulations, 2015.

• ·BSE Scrip Code: 532334
• ·CIN: L72200TG1996PLCO25855
• ·RP Office: Flat No. 113, Block - B, Sri Datta Sai Commercial Complex, RTC X’ Roads, Hyderabad - 500 020
• ·Contact: Phone No: 040-27623101; Mail Id: ip.baroninfotech@gmail.com

22-04-2026

The Hi-Tech Gears Limited updated on the Corporate Insolvency Resolution Process (CIRP), informing that the Hon'ble NCLAT adjourned the hearing from April 20, 2026, to July 10, 2026, due to paucity of time. The interim stay on the CIRP process, originally granted on September 03, 2024, continues as per the NCLAT order dated February 18, 2026. This pertains to Company Appeal (AT) (Insolvency) No. 1734 of 2024 & I.A. No. 2735 of 2025 filed by Naveen Jain against Happy Forgings Ltd.

• ·NCLAT order uploaded on NCLAT website on April 22, 2026.
• ·Previous NCLAT order reference: February 18, 2026, with next hearing originally fixed for April 20, 2026.
• ·Corporate Identification Number (CIN): L29130HR1986PLC081555.
• ·NSE Stock code: HITECHGEAR; BSE Stock code: 522073.

22-04-2026

Vas Infrastructure Limited, currently under Corporate Insolvency Resolution Process (CIRP), has provided prior intimation that the Hon'ble NCLT Mumbai Bench (Court-II) will consider the Resolution Plan submitted by Authum Investment & Infrastructure Limited on May 07, 2026, as per IA no. 41 of 2025. The company is managed by Resolution Professional Ashok Kumar Golechha (IBBI Reg. No. IBBI/IPA-002/IP-N000932/2019-20/12973). This development signals ongoing insolvency proceedings with no financial performance metrics disclosed.

• ·CIN: L65100MH1994PLC076538
• ·Scrip No. 531574
• ·Filing date: April 22, 2026
• ·NCLT matter: IA no. 41 of 2025
• ·RP registration valid upto 31.12.2026