The case involves an application filed under Section 10 of the Insolvency & Bankruptcy Code, 2016 by M/s. Aesys Technologies India Private Limited, the Corporate Applicant, for initiation of the Corporate Insolvency Resolution Process (CIRP). The application was filed following a default in meeting financial obligations to its Operational Creditor, Aesys S.P.A., Italy. The company petition was filed in Form-VI.
M/s. Aesys Technologies India Private Limited (Corporate Applicant) filed an application under Section 10 of the Insolvency & Bankruptcy Code, 2016 for initiating Corporate Insolvency Resolution Process (CIRP) due to a default in financial obligations to Aesys S.P.A., Italy (Operational Creditor). The company was incorporated on 30.03.2011 and received share application money from Aesys S.P.A. The default amount was Rs.1,39,12,542. A Chartered Accountant certified that the company had not obtained any finance or loan from any other person since its inception. The Corporate Applicant passed a special resolution on 30.09.2019 for initiating CIRP. The Corporate Applicant also recommended an Interim Resolution Professional (IRP).
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M/s. Aesys Technologies…
The Applicant Company passed a special…
The case involves an application filed under Section 10 of the Insolvency & Bankruptcy Code, 2016 by M/s. Aesys Technologies India Private Limited, the Corporate Applicant, for initiation of the Corporate Insolvency Resolution Process (CIRP). The application was filed following a default in meeting financial obligations to its Operational Creditor, Aesys S.P.A., Italy. The company petition was filed in Form-VI.
M/s. Aesys Technologies India Private Limited (Corporate Applicant) filed an application under Section 10 of the Insolvency & Bankruptcy Code, 2016 for initiating Corporate Insolvency Resolution Process (CIRP) due to a default in financial obligations to Aesys S.P.A., Italy (Operational Creditor). The company was incorporated on 30.03.2011 and received share application money from Aesys S.P.A. The default amount was Rs.1,39,12,542. A Chartered Accountant certified that the company had not obtained any finance or loan from any other person since its inception. The Corporate Applicant passed a special resolution on 30.09.2019 for initiating CIRP. The Corporate Applicant also recommended an Interim Resolution Professional (IRP).
M/s. Aesys Technologies…
The Applicant Company passed a special…