Key highlights
- NCLT Allahabad admitted Sybly Industries into CIRP on 27 October 2026.
- Sital Leasing and Finance claimed Rs 1,63,49,258 in default on a Rs 1.5 crore unsecured loan.
- The loan to Sybly Industries was disbursed on 26 September 2024.
- The insolvency matter is next listed before NCLT Allahabad on 1 December 2026.
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Sybly Industries Limited entered the corporate insolvency resolution process on 27 October 2026 after the NCLT Allahabad bench found a financial debt and default of Rs 1,63,49,258 on an unsecured Rs 1.5 crore term loan from Sital Leasing and Finance Limited.
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