Pradhin Ltd — Important, 21-07-2026: Company Update
21-07-2026 | 05:16 pm
21-07-2026 | 05:16 pm
The NCLT has initiated the Corporate Insolvency Resolution Process (CIRP) against Pradhin Limited, following its default on a financial debt of Rs. 12.98 Crore. An Interim Resolution Professional has been appointed, taking over the company's management as the Board's powers are now superseded. This decision triggers a moratorium on Pradhin's assets, marking a critical phase for the company as it enters a court-supervised restructuring process.
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