The appeal was filed by the Suspended Director of the Corporate Debtor, M/s Indian Denim Ltd., against the admission of the application filed by the operational creditor, M/s Anushri Paper Pack Pvt. Ltd.
The appeal is filed against the admission of an application by the operational creditor, M/s Anushri Paper Pack Pvt. Ltd.
The application under Section 9 was filed for the resolution of an amount of Rs. 8,48,127/-.
SBI filed an application for intervention, claiming to have advanced Rs. 26 Crores to the Corporate Debtor.
The Corporate Debtor mortgaged its property, a factory in Ahmedabad, to SBI.
A legal notice dated 01.06.2016 was served demanding Rs. 16,52,85,913.09/-.
The applicant also filed an Original Application before DRT-I, Ahmedabad, for Rs. 17,03,85,072/-.
The operational creditor did not appear in the appeal, and the case proceeded ex-parte against them.
The order of stay dated 16.10.2023 is vacated.
Sign in to view the parties.
Appeal filed by the Suspended Director of the…
Court passed an…
Sign in to view related legal provisions.
The appeal was filed by the Suspended Director of the Corporate Debtor, M/s Indian Denim Ltd., against the admission of the application filed by the operational creditor, M/s Anushri Paper Pack Pvt. Ltd.
The appeal is filed against the admission of an application by the operational creditor, M/s Anushri Paper Pack Pvt. Ltd.
The application under Section 9 was filed for the resolution of an amount of Rs. 8,48,127/-.
SBI filed an application for intervention, claiming to have advanced Rs. 26 Crores to the Corporate Debtor.
The Corporate Debtor mortgaged its property, a factory in Ahmedabad, to SBI.
A legal notice dated 01.06.2016 was served demanding Rs. 16,52,85,913.09/-.
The applicant also filed an Original Application before DRT-I, Ahmedabad, for Rs. 17,03,85,072/-.
The operational creditor did not appear in the appeal, and the case proceeded ex-parte against them.
The order of stay dated 16.10.2023 is vacated.
Appeal filed by the Suspended Director of the…
Court passed an…
Sign in to view related legal provisions.