Intelligence note
Admitted to insolvency on 29 Apr 2026 by the Mumbai bench, on a petition by BULDANA URBAN COOPERATIVE CREDIT SOCIETY LTD. (a financial creditor). The process is 147 days old as of 23 Sep 2026; cases that ended in a resolution plan took a median of 627 days. SABBANI MARUTHI is the resolution professional. Expressions of interest are open until 25 Sep 2026 - 2 days from today.
Case details
CIN
U01135PN2001PTC016367
Incorporated
2001
Registered State
Maharashtra
NCLT Bench
Mumbai
Petition
CP (IB) No.767/MB/2025
Initiated by
FC — BULDANA URBAN COOPERATIVE CREDIT SOCIETY LTD.
Public Announcement
01 May 2026
EoI Last Date
25 Sep 2026
PRA List Date
01 Oct 2026
Objections By
06 Oct 2026
Commencement
29 Apr 2026
NCLT Mumbai: median 553 days admission → verdict · 34% of concluded matters ended in plan approval (n=1,250, full record) · all benches →
Recent movement
01 May 2026
Public announcement
Admission announced — claims invited
25 Sep 2026
EoI deadline
Last date for expressions of interest from resolution applicants
Ongoing
Under CIRP — outcome awaited
No resolution plan approval or liquidation order yet in our sources
EoI / Form-G detail
Plan submission by
06 Oct 2026
Case timeline
29 Apr 2026
CIRP admitted — NCLT order
Insolvency commencement date — the statutory clock runs from here · NCLT Mumbai
01 May 2026
Public announcement
Admission announced — claims invited
25 Sep 2026
EoI deadline
Last date for expressions of interest from resolution applicants
Ongoing
Under CIRP — outcome awaited
No resolution plan approval or liquidation order yet in our sources
5 months elapsed · in cirp so far
Company
Type
Private · Company limited by shares
Listing
Unlisted
Incorporated
03 Aug 2001
Authorised capital
Rs 1.05 Cr
Paid-up capital
Rs 93.00 L
Industry (MCA)
Agriculture and Allied Activities
ROC
ROC Pune
Company status
Active
Registered address
S NO. 1182/1/2/F, F. C. ROAD, VIDYARTHI SAMATI, NEAR HDFC BANK, SHIVAJI NAGAR,PUNE,Pune,Maharashtra,411005-India
Sources, basis and disclaimers → ·
report an error
Key parties
IRP at commencement
Sabbani Maruthi → · May 2026
CIRP initiated by
Buldana Urban Cooperative Credit Society Ltd. FC
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