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Professional (“RP”) of Digital Venture Private Limited (“DVPL”), a wholly owned subsidiary
As filed · General Updates
DistressDeterioratingCriticalmateriality 98 out of 100
What happened
FactProfessional (“RP”) of Digital Venture Private Limited (“DVPL”), a wholly owned subsidiary. Committee of Creditors (“CoC”) of DVPL, held on December 16, 2025, have been received.
Why it matters
CapitSignal interpretationOnce an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.
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Fact- Admission or rejection of the application by the tribunal
- Appointment of a resolution professional
- Claims admitted against the company
Evidence
How CapitSignal classified this
- Reasoning:
- INSOLVENCY base 93; +5 quantified amount; explicit insolvency/default evidence present; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%