Ratnaafin Capital Private Limited (Financial Creditor) filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, against Saarthi Pedagogy Private Limited (Corporate Debtor) for a default in repayment of a financial debt amounting to Rs.2,12,99,747/-. The debt arose from a working capital term loan sanctioned on 15.06.2024, with the date of default stated as 10.11.2024.
A Company Petition was filed on 09.02.2026 by Ratnaafin Capital Private Limited (Financial Creditor) against Saarthi Pedagogy Private Limited (Corporate Debtor) under Section 7 of the IBC, 2016.
The petition seeks initiation of Corporate Insolvency Resolution Process (CIRP) for a default in repayment of financial debt of Rs.2,12,99,747/- including interest.
The date of default is stated to be 10.11.2024.
Ratnaafin Capital Private Limited, the Financial Creditor, was incorporated on 22.11.2018.
Saarthi Pedagogy Private Limited, the Corporate Debtor, was incorporated on 07.02.2020.
Mr. Ravi Kapoor, an Insolvency Professional, was proposed as the Interim Resolution Professional (IRP) by the Financial Creditor.
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Ratnaafin Capital…
Saarthi Pedagogy…
Ratnaafin Capital Private Limited (Financial Creditor) filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, against Saarthi Pedagogy Private Limited (Corporate Debtor) for a default in repayment of a financial debt amounting to Rs.2,12,99,747/-. The debt arose from a working capital term loan sanctioned on 15.06.2024, with the date of default stated as 10.11.2024.
A Company Petition was filed on 09.02.2026 by Ratnaafin Capital Private Limited (Financial Creditor) against Saarthi Pedagogy Private Limited (Corporate Debtor) under Section 7 of the IBC, 2016.
The petition seeks initiation of Corporate Insolvency Resolution Process (CIRP) for a default in repayment of financial debt of Rs.2,12,99,747/- including interest.
The date of default is stated to be 10.11.2024.
Ratnaafin Capital Private Limited, the Financial Creditor, was incorporated on 22.11.2018.
Saarthi Pedagogy Private Limited, the Corporate Debtor, was incorporated on 07.02.2020.
Mr. Ravi Kapoor, an Insolvency Professional, was proposed as the Interim Resolution Professional (IRP) by the Financial Creditor.
…Ratnaafin Capital…
Saarthi Pedagogy…