Apogee Enterprises Pvt. Ltd. filed a Section 7 application under the Insolvency and Bankruptcy Code, 2016, against Let's Jump Trampoline and Adventure Pvt. Ltd. for defaulting on a financial debt of Rs. 6,60,12,740/-. The Corporate Debtor contested the application, claiming the transaction was a sham and part of a structured arrangement for subscribing to preferential warrants of JHS Svendgaard Group.
Apogee Enterprises Pvt. Ltd. (Financial Creditor) filed a Section 7 application against Let's Jump Trampoline and Adventure Pvt. Ltd. (Corporate Debtor) for defaulting on a financial debt.
The date of default is stated to be 25.10.2025.
The total defaulted amount claimed by the Financial Creditor is Rs. 6,60,12,740/-, including principal and interest.
The Corporate Debtor argued that the transaction was not a financial debt but part of a structured arrangement for subscribing to preferential warrants of JHS Svendgaard Group.
The Corporate Debtor claimed that the funds were merely routed through its account and that it did not benefit commercially from the funds.
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The date of de…
The Company Petition CP (IB) No. 41 of 2026 is…
Apogee Enterprises Pvt. Ltd. filed a Section 7 application under the Insolvency and Bankruptcy Code, 2016, against Let's Jump Trampoline and Adventure Pvt. Ltd. for defaulting on a financial debt of Rs. 6,60,12,740/-. The Corporate Debtor contested the application, claiming the transaction was a sham and part of a structured arrangement for subscribing to preferential warrants of JHS Svendgaard Group.
Apogee Enterprises Pvt. Ltd. (Financial Creditor) filed a Section 7 application against Let's Jump Trampoline and Adventure Pvt. Ltd. (Corporate Debtor) for defaulting on a financial debt.
The date of default is stated to be 25.10.2025.
The total defaulted amount claimed by the Financial Creditor is Rs. 6,60,12,740/-, including principal and interest.
The Corporate Debtor argued that the transaction was not a financial debt but part of a structured arrangement for subscribing to preferential warrants of JHS Svendgaard Group.
The Corporate Debtor claimed that the funds were merely routed through its account and that it did not benefit commercially from the funds.
…The date of de…
The Company Petition CP (IB) No. 41 of 2026 is…