The application was filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 by the Financial Creditor/Petitioner for initiation of Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor, Ecolex Industrial Product Private Limited, due to a default of Rs. 1,16,91,726/- as of 31.07.2024. The date of default is 26.04.2024.
Aka Supplychain Solutions Private Limited filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 to initiate CIRP against Ecolex Industrial Products Private Limited.
The total amount in default was Rs. 1,16,91,726/- as on 31.07.2024, with the date of default being 26.04.2024.
Aka Supplychain Solutions Private Limited is a financial institution.
Ecolex Industrial Product Private Limited is the Corporate Debtor.
Rahul Nareshbhai Shah, PCA, was nominated as the Interim Resolution Professional (IRP).
The Applicant/Financial Creditor disbursed unsecured loans to the Corporate Debtor.
The Corporate Debtor approached the Financial Creditor for a small business loan of Rs. 1.20 Crores.
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The date of de…
The total amo…
The application was filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 by the Financial Creditor/Petitioner for initiation of Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor, Ecolex Industrial Product Private Limited, due to a default of Rs. 1,16,91,726/- as of 31.07.2024. The date of default is 26.04.2024.
Aka Supplychain Solutions Private Limited filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 to initiate CIRP against Ecolex Industrial Products Private Limited.
The total amount in default was Rs. 1,16,91,726/- as on 31.07.2024, with the date of default being 26.04.2024.
Aka Supplychain Solutions Private Limited is a financial institution.
Ecolex Industrial Product Private Limited is the Corporate Debtor.
Rahul Nareshbhai Shah, PCA, was nominated as the Interim Resolution Professional (IRP).
The Applicant/Financial Creditor disbursed unsecured loans to the Corporate Debtor.
The Corporate Debtor approached the Financial Creditor for a small business loan of Rs. 1.20 Crores.
…The date of de…
The total amo…