Corporate Debtor, Nirmal Lifestyle Realty Private Limited having CIN U67120MH1995PTC094461 incorporated on November 11, 1995, having its Registered Office located at Jawahar Talkies Compound, Rajendra P Road, Mulund West, Mumbai 400080 is in business of Real estate activities with own or leased property.

Present Board Composition of Corporate Debtor Nirmal Lifestyle Realty Private Limited is Mr. Rajeev Ramesh Jain and Mr. Chadrakant Hiralal Shah.

One of the financial creditors of Corporate Debtor Nirmal Lifestyle Realty Private Limited Initiated Corporate Insolvency Resolution Process under section 7 of Insolvency and Bankruptcy Code 2016 before Hon'ble National Company Law Tribunal Kolkata Bench. Hon'ble National Company Law Tribunal Mumbai Bench on December 16, 2021 and passed the order for initiations of Corporate Insolvency Resolution Process vide its Order No. C.P. No. 315/IBC/MB/2019 and appointed Mr. Arun Kapoor to act as an Interim Resolution Professional for the corporate debtor. Further Mr. Jayesh Natvarlal Sanghrajka having Registration Number IBBI/IPA-001/IP-P00216/2017-18/10416 was appointed as a Resolution Professional to conduct the CIRP during the 1st meeting of the Committee of creditors.