Garron Trading Company Pvt. Ltd., an associate of Mafatlal Finance Co. Ltd., provided credit facilities to Ravishankar Industries Private Limited. Due to Ravishankar Industries' inability to repay, a Memorandum of Understanding was established on 2001-10-11, where Ravishankar Industries agreed to convey property to Garron Trading. A Sale Deed was executed on 2001-12-12, conveying 1040 sq. ft. of undivided land to Garron Trading. A Joint Venture Agreement was entered into between Anandram Developers Private Limited (Corporate Debtor) and Konark Civil Constructions Private Limited to develop a residential cum commercial complex, allotting Garron Trading 2600 sq.ft. in 'Anandram Enclave'. Due to the Corporate Debtor's failure to obtain building plan approval, the project
…Garron Trading Company Pvt. Ltd. extended credit facilities to Ravishankar Industries Private Limited. As Ravishankar Industries was unable to repay the dues, a Memorandum of Understanding (MoU) was signed on 2001-10-11, agreeing to convey certain property to Garron Trading. A Sale Deed was executed on 2001-12-12, transferring 1040 sq. ft. of undivided land in Bharani Colony, Saligramam Village, Saidapet Taluk, Chengalpet District, to Garron Trading. A Joint Venture Agreement was entered into between Anandram Developers Private Limited (Corporate Debtor) and Konark Civil Constructions Private Limited to develop a residential cum commercial complex. Garron Trading was allotted 2600 sq.ft. of built-up area in the eighth floor of the complex, named 'Anandram Enclave'. Due
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Ravishankar Industries agreed to convey property…
1040 sq. ft. of…
Garron Trading Company Pvt. Ltd., an associate of Mafatlal Finance Co. Ltd., provided credit facilities to Ravishankar Industries Private Limited. Due to Ravishankar Industries' inability to repay, a Memorandum of Understanding was established on 2001-10-11, where Ravishankar Industries agreed to convey property to Garron Trading. A Sale Deed was executed on 2001-12-12, conveying 1040 sq. ft. of undivided land to Garron Trading. A Joint Venture Agreement was entered into between Anandram Developers Private Limited (Corporate Debtor) and Konark Civil Constructions Private Limited to develop a residential cum commercial complex, allotting Garron Trading 2600 sq.ft. in 'Anandram Enclave'. Due to the Corporate Debtor's failure to obtain building plan approval, the project
…Garron Trading Company Pvt. Ltd. extended credit facilities to Ravishankar Industries Private Limited. As Ravishankar Industries was unable to repay the dues, a Memorandum of Understanding (MoU) was signed on 2001-10-11, agreeing to convey certain property to Garron Trading. A Sale Deed was executed on 2001-12-12, transferring 1040 sq. ft. of undivided land in Bharani Colony, Saligramam Village, Saidapet Taluk, Chengalpet District, to Garron Trading. A Joint Venture Agreement was entered into between Anandram Developers Private Limited (Corporate Debtor) and Konark Civil Constructions Private Limited to develop a residential cum commercial complex. Garron Trading was allotted 2600 sq.ft. of built-up area in the eighth floor of the complex, named 'Anandram Enclave'. Due
…Ravishankar Industries agreed to convey property…
1040 sq. ft. of…