Asis Logistics Limited, through its Authorized Representative Mr. Vilas Ganpat Naringrekar, filed a petition under Section 10 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate Corporate Insolvency Resolution Process (CIRP). The Board of Directors of Asis Logistics Limited had resolved to authorize Mr. Naringrekar to file this petition before NCLT. The company is registered under the Companies Act and has a paid-up share capital of Rs. 61,02,50,000.
Asis Logistics Limited filed a petition under Section 10 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP). The company's Board of Directors authorized Mr. Vilas Ganpat Naringrekar to file the petition. Asis Logistics Limited is registered under the Companies Act with a paid-up share capital of Rs. 61,02,50,000. The company listed several secured creditors, including Dena Bank (Rs. 200,000,000.00), SBI (Rs. 292,484,604.13), Janakalyan Sahakari Bank (Rs. 67,726,918.08), and ICICI Bank Ltd (Rs. 34,473,480.70). The total liability to secured creditors as of September 30, 2017, was Rs. 59,47,27,224.70. The company also had an unsecured creditor, Mr. Mukesh Bansal, with an accepted liability of Rs. 9,64,052.53. There
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Asis Logistics Limited, through its Authorized Representative Mr. Vilas Ganpat Naringrekar, filed a petition under Section 10 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate Corporate Insolvency Resolution Process (CIRP). The Board of Directors of Asis Logistics Limited had resolved to authorize Mr. Naringrekar to file this petition before NCLT. The company is registered under the Companies Act and has a paid-up share capital of Rs. 61,02,50,000.
Asis Logistics Limited filed a petition under Section 10 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP). The company's Board of Directors authorized Mr. Vilas Ganpat Naringrekar to file the petition. Asis Logistics Limited is registered under the Companies Act with a paid-up share capital of Rs. 61,02,50,000. The company listed several secured creditors, including Dena Bank (Rs. 200,000,000.00), SBI (Rs. 292,484,604.13), Janakalyan Sahakari Bank (Rs. 67,726,918.08), and ICICI Bank Ltd (Rs. 34,473,480.70). The total liability to secured creditors as of September 30, 2017, was Rs. 59,47,27,224.70. The company also had an unsecured creditor, Mr. Mukesh Bansal, with an accepted liability of Rs. 9,64,052.53. There
…The Board of Directors of M/s. Asis Logistics…
Total Liability of the…