Handbag and lifestyle accessories brand Baggit India Private Limited has formally invited expressions of interest (EOIs) from prospective resolution applicants as part of its ongoing corporate insolvency resolution process (CIRP), following admission of the company into insolvency earlier this year.
Insolvency admission and key dates
The Mumbai bench of the National Company Law Tribunal admitted the company under the Insolvency and Bankruptcy Code (IBC) on February 27, 2026, in case number CP(IB)/764(MB)/2025.
Following the admission:
- Amit Vijay Karia was appointed as the Interim Resolution Professional (IRP).
- The Committee of Creditors (CoC), at its first meeting held on March 24, 2026, confirmed Karia as the…