List of creditors as on 27.05.2026 is enclosed
As filed · Parsvnath Developers Limited has informed the Exchange that list of creditors as on 27.05.2026 is enclosed
DistressDeterioratingCriticalmateriality 95 out of 100
What happened
FactParsvnath Developers Limited has informed the Exchange that list of creditors as on 27.05.2026 is enclosed. and Regulation 13(2)(c) of !BBi (Insolvency Resolution Process for Corporate Persons) Regulations, 2016,. For Parsvnath Developers Limited.
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; +2 corroborating keywords; explicit insolvency/default evidence present; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%