Arshiya Ltd Insolvency: Creditor Claims Totaling ₹66,520 Crore Admitted

Arshiya Limited, currently in its Corporate Insolvency Resolution Process (CIRP), has filed an updated list of its creditors. This filing, verified as of February 5, 2026, details admitted claims amounting to ₹66,520.44 crore against the ₹67,143.68 crore that were submitted.

The CIRP process, initiated for Arshiya Ltd on April 23, 2024, aims to find a resolution for the financially distressed company. Confirming the admitted liabilities is a crucial step, offering stakeholders a clearer picture of the company's recognized debts. This clarity is essential for developing a viable resolution plan that addresses creditor recovery.

While the majority of claims have been admitted, the process still faces potential challenges. Approximately ₹627 crore in claims remain contingent or are currently disputed. These include specific contested claims, such as tax-related demands from the Gram Panchayat, which could lead to further legal proceedings and add complexity to the resolution timeline.

Investors and stakeholders will be closely monitoring the ongoing progress of the CIRP. Key areas to track include any further updates or revisions to the creditor list, developments regarding the proposed resolution plan, and any directives issued by the National Company Law Tribunal (NCLT) that might influence the process.