GENEX POLYFAB LIMITED

GENEX POLYFAB LIMITED was incorporated in the year 2010, having CIN No.U17200PB2010PLC033745 .The registered office of the Company is situated at 228-F, NEAR JANAKPURI CHOWK ,INDUSTRIAL AREA – A ,LUDHIANA – 141001, Punjab. The Company is a Public limited, Indian,Non-govt. company. The Authorised Capital of the Company is Rs. 40,00,00,000/- and its Paid-up Capital is Rs. 40,00,00,000/-.

Genex Polyfab Limited was involved in the business ofConsumer Products namely, Textile Retailers and Distributors as per the information available on public domain.

The status of GENEX POLYFAB LIMITED as on date is Active Non-Compliant. Company has filed its Annual Returns and/or Financial Statements upto 31-03-2023i.e. FY 2022-2023 on MCA Portal.

One of the Operational Creditor namely R.R. Enterprises had filed petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 (Later the debt was assigned to Wini Enterprises). The said petition was admitted and order regarding initiation of insolvency resolution process has been passed on 23rd September, 2024.

The COC in its 4th COC meeting dated 05.04.2025 , having 100 % voting share , resolved to replace the RP and appoint Mr. Dewan Asparan Nabi as the new RP. Accordingly, an application for the replacement was filed before Hon’ble NCLT which was listed for hearing on 22.05.2025 (order uploaded on the website on 27.05.2025) wherein the Hon’ble NCLT passed the order appointing Mr. Dewan Asparan Nabi (IP Registration No. IIBBI/IPA-002/IP-N00962/2020-2021/13135 ) as the new RP.