Key highlights
- The tribunal admitted Sybly Industries to CIRP on 27 October 2026 under Section 7 of the Insolvency and Bankruptcy Code.
- The order records a Rs 1.5474904 crore liability under the 20 February 2025 restructuring agreement.
- Mohit Goyal was appointed IRP, with authorisation stated as valid until 30 June 2027.
- The tribunal listed the next progress-report hearing for 1 December 2026.
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Sybly Industries Limited entered the Corporate Insolvency Resolution Process on 27 October 2026 after the National Company Law Tribunal found that a Rs 1.5474904 crore liability recorded in February 2025 remained unpaid by 20 June 2025. The tribunal appointed Mohit Goyal as interim resolution professional and imposed a moratorium from…