Simbhaoli Sugars enters CIRP; NSE notifies creditor list (Version II)

IBC 18 Aug 2026 · Filed / open· ✓ Verified

The NSE intimation of 18 August 2026 formally discloses Simbhaoli Sugars' CIRP status and the updated creditor registry. Simbhaoli Sugars Limited is a Uttar Pradesh-based sugar manufacturer. The release of Version II of the creditors list is a routine but material procedural step in the 180/270-day IBC timeline, typically following the creditor verification hearing. No resolution plan nor acquisition details are yet public.

Why it mattersPublication of a second version creditor list indicates either creditor objections/updates or discovery of additional liabilities post-initiation; counsel should track NCLT orders on creditor verification and plan for resolution plan submission deadlines under IBC s.30.
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