The National Company Law Tribunal (NCLT) has admitted West Gujarat Expressway Ltd (WGEL), a road company in the IL&FS group, into the corporate insolvency resolution process (CIRP). The insolvency commencement date is November 2, 2026.
A public announcement in Form A, published on Wednesday, says the tribunal has appointed Parshva Manoj Shah as interim resolution professional (IRP). His registration number is IBBI/IPA-001/IP-P-02538/2025-2026/14518. The announcement was made under Regulation 6 of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016.
Creditors must submit their claims with proof to the IRP by November 16. Financial creditors can file claims only electronically. Operational and…