New Delhi, March 31 -- The Insolvency and Bankruptcy Board of India (IBBI) has found multiple procedural and disclosure lapses by insolvency professional Hitesh Goel in the corporate insolvency resolution process (CIRP) of Supertech Ltd, particularly its Eco Village-II project.

In an order dated March 30, 2026, the Board's Disciplinary Committee held that Goel failed to ensure complete and transparent disclosures in the Information Memorandum (IM), a critical document for prospective resolution applicants.

The order dated 30 March 2026 notes, "the Board held the prima facie view that Shri Hitesh Goel had contravened Sections 208(2)(a) and (e) of the Code, Regulation 36(2)(c) of the CIRP Regulations, Regulations 7(2)(a) and (h) of the IP...