NCLT Cuttack admits Mabello Doors & Furniture into insolvency; claims due 18 November
The NCLT's Cuttack Bench has admitted Mabello Doors & Furniture Private Limited into insolvency from 4 November 2026, an IBBI-format public announcement says; creditors must file claims by 18 November 2026.
Key points
- The NCLT's Cuttack Bench admitted Mabello Doors & Furniture Private Limited into the corporate insolvency resolution process, per a public announcement.
- The process began on 4 November 2026, the last date for claims is 18 November 2026, and estimated closure is 4 May 2027, the announcement says.
- Financial creditors must file claims electronically; other creditors may file in person, by post or electronically, per the announcement.
The National Company Law Tribunal's Cuttack Bench has admitted Mabello Doors & Furniture Private Limited into the corporate insolvency resolution process, with effect from 4 November 2026, according to a public announcement under the Insolvency and Bankruptcy Board of India's regulations. Creditors of the company must submit their claims, with proof, by 18 November 2026.
What Happened
The public announcement, in Form A and dated 7 November 2026, says the tribunal ordered the start of the insolvency process on 4 November 2026; the order was received on 5 November 2026. The corporate insolvency resolution process is the procedure under the Insolvency and Bankruptcy Code in which creditors try to agree a plan to revive a company that has defaulted on its debts. It is not a finding of fraud or mismanagement.
Mabello Doors & Furniture Private Limited was incorporated on 11 November 2020 and is registered with the Registrar of Companies, Cuttack, according to the announcement. Its registered office is in Berhampur, Ganjam district, Odisha. The estimated date for the process to close is 4 May 2027.
An interim resolution professional, the official appointed to run the company and collect claims during the process, has been named in the announcement. The announcement says no separate classes of creditors have been identified.
What It Means
Anyone the company owes money to, including lenders, suppliers and employees, must file a claim with proof by 18 November 2026 at the interim resolution professional's correspondence address given in the announcement, in Bhubaneswar, or at the process email address ip.mabellodoors@gmail.com.
Financial creditors, such as banks and other lenders, must submit their claims with proof by electronic means only, the announcement says. Other creditors may submit their claims in person, by post or by electronic means. The relevant claim forms are available at https://ibbi.gov.in/home/downloads.
The announcement warns that submitting false or misleading proof of a claim will attract penalties.
Source: IBBI public announcement
Sources & Citations
- IBBI public announcement — Insolvency and Bankruptcy Board of India