Imperial Bank Limited (In Liquidation) has placed Sparetech Trading Company Limited under receivership as part of its efforts to recover assets linked to the collapsed lender. Creditors are now being given 30 days to file their claims.

• Kamal Anantroy Bhatt of Anant Bhatt LLP was appointed Receiver and Manager on April 17, 2026.
• The move is a significant step in Imperial Bank's ongoing asset recovery process following its collapse in 2015.
• All parties dealing with Sparetech Trading's assets require the Receiver's written approval to avoid legal action.