Canara Bank filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, seeking initiation of Corporate Insolvency Resolution Process (CIRP) against M/s. BNH Infra Projects India Pvt. Ltd. based on the corporate debtor's default in repayment of financial debt.
Canara Bank filed a petition under Section 7 of the I&B Code, 2016, to initiate CIRP against M/s BNH Infra Projects India Pvt Ltd.
The Corporate Debtor defaulted on a financial debt of Rs.11,31,33,234.50/- on 27.03.2024, when the loan account was classified as NPA.
The Financial Creditor sanctioned various credit facilities to the Corporate Debtor, including Overdraft, Working Capital Term Loan under GECL, GECL Extension, and Term Loan, aggregating to Rs.54,79,00,000/-.
The Corporate Debtor's account was classified as Non-Performing Asset (NPA) on 27.03.2024.
The total outstanding amount as on 28.02.2025 was Rs.64,30,48,821.77/- along with further interest and charges.
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General Power of Attorney dated 13.06.2015,…
The account of the CD…
Canara Bank filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, seeking initiation of Corporate Insolvency Resolution Process (CIRP) against M/s. BNH Infra Projects India Pvt. Ltd. based on the corporate debtor's default in repayment of financial debt.
Canara Bank filed a petition under Section 7 of the I&B Code, 2016, to initiate CIRP against M/s BNH Infra Projects India Pvt Ltd.
The Corporate Debtor defaulted on a financial debt of Rs.11,31,33,234.50/- on 27.03.2024, when the loan account was classified as NPA.
The Financial Creditor sanctioned various credit facilities to the Corporate Debtor, including Overdraft, Working Capital Term Loan under GECL, GECL Extension, and Term Loan, aggregating to Rs.54,79,00,000/-.
The Corporate Debtor's account was classified as Non-Performing Asset (NPA) on 27.03.2024.
The total outstanding amount as on 28.02.2025 was Rs.64,30,48,821.77/- along with further interest and charges.
…General Power of Attorney dated 13.06.2015,…
The account of the CD…