Corporate Debtor, S. K. Elite Industries Limited (Formerly known as S.K. Elite Industries (India) Limited) a public unlisted company having CIN U74900MH1996PLC118908 incorporated on 23rd February, 1996 having its Registered Office located at Plot no. D - 405, TTC Industrial Area, M.I.D.C, Turbhe Navi Mumbai - 400705 is engaged in the business of renting of Immovable Properties. Present Board Composition of S. K. Elite Industries Limited (Formerly known as S.K. Elite Industries (India) Limited) is Mr. Akshit Lahoria, Ms. Manjusha Anil and Mr. Anil Kumar.. Financial creditor of the company initiated Corporate Insolvency Resolution Process under Section 7 of Insolvency and Bankruptcy Code 2016 before Hon'ble National Company Law Tribunal Mumbai Bench. Hon'ble National Company Law Tribunal Mumbai Bench on 10.05.2021 passed the order for initiations of Corporate Insolvency Resolution Process vide its Order No. CP(IB) 1474/MB/2019 and appointed Mr. Arun Kapoor to act as an Interim Resolution Professional for the corporate debtor. Further Mr. Jayesh Natvarlal Sanghrajka was appointed as a Resolution Professional to conduct the CIRP during the 1st meeting of the Committee of creditors.