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Home/ Cases/ Forbes Technosys Limited
LIQUIDATION — ORDER PASSED IN PROCESS

Forbes Technosys Limited

Corporate insolvency — liquidation in process · Aug 2026 · source: IBBI register

Company · incorporated 1991 · 33 years old at admission

CIN U29290MH1991PLC062425 Admitted 24 Mar 2025
Admitted Claims
not disclosed
Distributed
pending closure
Recovery / Claims
pending closure
Liq. Value
pending closure
CIRP Duration
17 mo
nationally 16 mo
Closure
In process
realisation ongoing

Case details

CIN
U29290MH1991PLC062425
Incorporated
1991
Registered State
Maharashtra
NCLT Bench
data unavailable
Initiated by
data unavailable
Commencement
24 Mar 2025
Liquidation Order
28 Aug 2026

Recent movement

full timeline →
24 Mar 2025
CIRP commenced
Insolvency proceedings began
During process
Liquidator
Chetan T. Shah
28 Aug 2026
Liquidation order passed
No resolution plan approved — assets liquidated

Case timeline

24 Mar 2025
CIRP commenced
Insolvency proceedings began
During process
Liquidator
Chetan T. Shah
28 Aug 2026
Liquidation order passed
No resolution plan approved — assets liquidated
About this data: Case data is assembled from NCLT/NCLAT orders, IBBI public announcements, quarterly outcome records and the MCA registry. See how every number is sourced, checked and corrected →.
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Key parties
Liquidator
2 IBBI mandates · 271.7% of liquidation value realised across concluded work
IRP at commencement · replaced
Rakesh Kumar Jindal· Mar 2025
◆ RP changed during CIRP — IRP was replaced

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