DPSC Limited: Corporate Insolvency Resolution Process Initiated; Creditor List Published
DPSC Limited, a listed corporate debtor, has filed a mandatory intimation with the NSE under Regulation 13(2)(c) of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, disclosing the list of creditors as required in corporate insolvency proceedings. This filing confirms the company is in formal CIRP, with the Insolvency Professional (IP) or Interim Resolution Professional (IRP) managing the estate. The creditor list is a central statutory document in IBC proceedings, serving as the basis for creditor voting on resolution plans and claims adjudication.
Why it mattersThe public creditor list intimation signals commencement of formal CIRP under Reg. 13(2)(c), triggering statutory timelines for creditor voting, claims verification and potential resolution plan or liquidation within 330 days; creditor rights and claims priorities now pivot on this published register.
SectorFinancial Services
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Sources
- NSE Corporate Archives - DPSC Limited CIRP Filing · official
- IBBI - Insolvency Resolution Process for Corporate Persons Regulations, 2016 · official
- Ministry of Corporate Affairs - Insolvency and Bankruptcy Code, 2016 · official
- IBBI orders · official
- NCLT orders · official
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