IL & FS Financial Services Limited filed a commercial summary suit to recover a sum of Rs. 203,66,31,506/- arising out of term loan facilities availed by Serveall Constructions Private Limited (defendant no. 1) and guaranteed by defendants nos. 2 to 4.
IL & FS Financial Services Limited filed a summary suit to recover Rs. 203,66,31,506/-.
Serveall Constructions Private Limited (defendant no. 1) availed term loan facilities.
Housing Development and Infrastructure Limited (defendant no. 2) is the corporate guarantor.
Mr. Rakesh Wadhawan (defendant no. 3) and Mr. Sarang Wadhwan (defendant no. 4) are the personal guarantors.
A moratorium under Section 14 of the IB Code is in effect against defendant no. 2.
Applications under Section 95 of the IB Code were filed against defendants nos. 3 and 4, resulting in an interim moratorium under Section 96 of the IB Code.
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Order passed by the National Company Law…
Order passed by the…
IL & FS Financial Services Limited filed a commercial summary suit to recover a sum of Rs. 203,66,31,506/- arising out of term loan facilities availed by Serveall Constructions Private Limited (defendant no. 1) and guaranteed by defendants nos. 2 to 4.
IL & FS Financial Services Limited filed a summary suit to recover Rs. 203,66,31,506/-.
Serveall Constructions Private Limited (defendant no. 1) availed term loan facilities.
Housing Development and Infrastructure Limited (defendant no. 2) is the corporate guarantor.
Mr. Rakesh Wadhawan (defendant no. 3) and Mr. Sarang Wadhwan (defendant no. 4) are the personal guarantors.
A moratorium under Section 14 of the IB Code is in effect against defendant no. 2.
Applications under Section 95 of the IB Code were filed against defendants nos. 3 and 4, resulting in an interim moratorium under Section 96 of the IB Code.
…Order passed by the National Company Law…
Order passed by the…