The liquidator of Neptune Ventures and Developers Private Limited has asked all creditors and stakeholders to submit their claims within the next month, formally setting in motion the breakup and sale of the company’s assets, including its key property, the Neptune Magnet Mall in Bhandup.
In a notice published on Monday, the newly appointed liquidator, Stress Credit Resolution Private Limited, has set November 7, 2025, as the last date for the submission of claims. This announcement marks the definitive end of the corporate rescue attempt and begins the final chapter for the company, which entered liquidation after a prolonged but unsuccessful insolvency process.