Intelligence note
Admitted to insolvency on 19 May 2026 by the Bengaluru bench, on a petition by Agrawal Infracab Pvt. Ltd.. The admission order states the default at Rs 7.24 Cr, dating from 30 Apr 2025 - 1.1 years before admission. The process was withdrawn on 31 Jul 2026, 73 days after admission (median for withdrawn cases: 91 days).
Case details
CIN
U45200KA2011PLC061346
Incorporated
2011
Registered State
Karnataka
NCLT Bench
Bengaluru
Petition
C.P. (IB) No. 251/BB/2025
Initiated by
Agrawal Infracab Pvt. Ltd.
Date of Default (per admission order)
30 Apr 2025
Amount in Default (per admission order)
Rs 7.24 Cr
Commencement
19 May 2026
Outcome Date
31 Jul 2026
NCLT Bengaluru: median 369 days admission → verdict · 27% of concluded matters ended in plan approval (n=177, full record) · all benches →
Recent movement
19 May 2026
CIRP commenced
Insolvency proceedings began · NCLT Bengaluru
24 May 2026
Admitted to CIRP
IRP: Kunal Bharat Ram
31 Jul 2026
Withdrawn
CIRP withdrawn — typically settlement with the applicant
Case timeline
19 May 2026
CIRP commenced
Insolvency proceedings began · NCLT Bengaluru
24 May 2026
Admitted to CIRP
IRP: Kunal Bharat Ram
31 Jul 2026
Withdrawn
CIRP withdrawn — typically settlement with the applicant
2 months elapsed · admission → resolution
Company
Type
Public · Company limited by shares
Listing
Unlisted
Incorporated
24 Nov 2011
Authorised capital
Rs 5.00 Cr
Paid-up capital
Rs 4.76 Cr
Industry (MCA)
Construction
ROC
ROC Bangalore
Company status
Active
Registered address
# 6, 4TH CROSS, MARUTHI NAGAR CHANDRA LAYOUT,BANGALORE,Karnataka,560040-India
Claims filing history
| Creditor class | Claimed | Admitted | Admitted % |
|---|---|---|---|
| Secured financial creditors | Rs 0.00 L | Rs 0.02 L | 10663% |
| Operational creditors (list printed NIL) | Rs 0 | Rs 0 | — |
| Total of listed classes | Rs 0.00 L | Rs 0.02 L | 10663% |
v1 · latest
as on 18 Jun 2026 · filed by Kunal Bharat Ram
Sources, basis and disclaimers → ·
report an error
Key parties
IRP at commencement
Kunal Bharat Ram → · May 2026
CIRP initiated by
Agrawal Infracab Pvt. Ltd.
Get full access
Weekly intelligence digest, RP tracker, live case movement and sector analysis for ARCs, PE funds and resolution professionals.
Apply for access →That was the whole dossier — nothing held back, because this company is showcased. Every company on stressed.in carries the same depth.
Or buy any single company outright for Rs 1,799 — yours permanently, and credited in full against your first month if you subscribe within 30 days.