SVP GLOBAL TEXTILES LTD. : SUBSIDIARY ADMITTED INTO CIRP

• Shrivallabh Pittie Enterprises Private Limited, a subsidiary, has had Corporate Insolvency Resolution Process (CIRP) initiated against it by Canara Bank. • The application was filed alleging default of ₹75.94 crore, with the date of default mentioned as March 13, 2023. • NCLT has admitted the application, declared a moratorium, and appointed Mr. Sunil Kumar Kabra as the Interim Resolution Professional (IRP).

SVP GLOBAL TEXTILES LIMITED

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