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On 05th January, 2026, Hon'ble NCLT Amaravathi Bench has initiated Corporate Insolvency Resolution Process (CIRP) and appointed Mr. Nethi Mallikarjuna Setty, as Resolution Professional (RP) of M/s Ramakrishna Housing Private Limited. Moratorium U/s 14 of Insolvency and Bankruptcy Code has been declared. Now the affairs, business, management and properties related to the Ramakrishna Housing Private Limited, would be managed by RP, as per IBC.

​The RP shall be collecting claims from creditors and run the insolvency process.​​​

Powers of the Board of Directors is suspended during CIRP and same is exercised by the RP.   

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