The Hon’ble National Company Law Tribunal, Chennai Bench vide its order dated March 31, 2023 (made available on April 3, 2023), ordered for commencement of Corporate Insolvency Resolution Process (“CIRP”) against Navigator Developers Private Limited by admitting the application (C.P. (IB) No. 121/2022) filed by Financial Creditor under Section 7 of the Insolvency and Bankruptcy Code, 2016. Accordingly, the CIRP has commenced with effect from March 31, 2023.
The Hon’ble NCLT vide the same order appointed Mr. Prakul Thadi (IBBI Registration No.: IBBI/IPA-002/IP-N01149/2021-2022/13806) as the Interim Resolution Professional (“IRP”) to manage the affairs, business, and property of Navigator Developers Private Limited.
Claim Forms
The creditors of Navigator Developers Private Limited are hereby called upon to submit their claims with proof on or before April 17, 2023, to the IRP on the email id cirp.navigatordevelopers@gmail.com. The following forms are prescribed by the Insolvency and Bankruptcy Board of India in IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. Accordingly, the creditors are advised to fill their respective forms based on their nature of debt and submit the same to the IRP.
| S.No. | Description | Download |
| 1. | Proof of Claim by Operational Creditors Except Workmen And Employees (Form B) |  |
| 2. | Submission of Claim by Financial Creditors (Form C) | |
| 3. | Proof of Claim by a Workman or an Employee (Form D) | |
| 4. | Proof of Claim submitted by Authorised Representative of Workmen and Employees (Form E) | |
| 5. | Proof of Claim by Creditors (Other than Financial Creditors and Operational Creditors) (Form F) | |