Quasar India Ltd

BSE: 538452

total announcements

538452.BO · 15 min delayed

BSECompany Update▼ NegativeInsolvency1h ago

Quasar India Ltd

Public Announcement made pursuant to the order pased by NCLT under section 13 of the Insolvency and Bankruptcy code, 2016 for Inviting Claims from Creditors

Quasar India Ltd has initiated a corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code, 2016. The company has been ordered to commence the CIRP by the National Company Law Tribunal, New Delhi Bench. The creditors of Quasar India Ltd are required to submit their claims with proof on or before November 14, 2026, to the interim resolution professional.

Intimation of order dated 31st October, 2026 passed by NCLT, New Delhi Bench u/s 9 of IBC, 2016 for admission of Application for initiation of CIRP of Quasar India Limited .

Quasar India Ltd has been admitted to corporate insolvency resolution process (CIRP) by NCLT, New Delhi Bench, following a petition by Bikit Private Ltd for default of Rs 6,14,52,745. The moratorium period has begun, and the company's management and control will be exercised by the interim resolution professional.