Jalan Transolutions (India) Limited — Others, 16-06-2025: Corporate Insolvency Resolution Process

Jalan Transolutions (India) Limited is undergoing Corporate Insolvency Resolution Process with an Interim Resolution Professional appointed. The company has one secured financial creditor, Union Bank of India, with admitted claims of about ₹37.63 Cr out of total claims worth ₹47.87 Cr; the remaining claims are partially unverified due to insufficient data. There are no unsecured financial or operational creditors. This update provides insight into the ongoing restructuring and creditor position, important for stakeholders tracking the company's turnaround.