Shree Vaishnodevi Mills Liquidation Process Complete

Authority: National Company Law Tribunal, Division Bench (Court– I) Chennai

Order Date: 14.07.2026

Case Overview

This hearing concerned an application (IA (LIQ.) PROGRESS REPORT/285(CHE)2026) filed in the main petition C.P. (IB)/1216(CHE)2018, which is an insolvency proceeding between the Stressed Assets Stabilization Fund and Shree Vaishnodevi Mills Pvt Ltd. The application was filed to submit the 26th Progress Report for the quarter ended 30.06.2026 to the tribunal for its records.

Final Outcome

The Learned Counsel for the Liquidator informed the bench, comprising Member (Judicial) Sanjiv Jain and Member (Technical) Venkataraman Subramaniam, that the corporate liquidation process for Shree Vaishnodevi Mills Pvt Ltd was complete. It was stated that the liquidator would be filing the formal application for the dissolution of the company on 15.07.2026. The NCLT bench accepted the progress report onto the official record and disposed of the application.

Topics: Insolvency, NCLT