Bank of India Limited, the Financial Creditor, filed an application under section 7 of the Insolvency & Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against BD & P Hotels (India) Private Limited, the Corporate Debtor. The total amount claimed by the Financial Creditor was Rs. 1,11,61,53,766/- as of December 31, 2021, with further interest and penal interest. The date of default was stated as February 1, 2017. The Corporate Debtor's account was classified as a Non-Performing Asset (NPA) on May 29, 2015.

Bank of India Limited, the Financial Creditor, filed an application under section 7 of the Insolvency & Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against BD & P Hotels (India) Private Limited, the Corporate Debtor. The total amount claimed by the Financial Creditor was Rs. 1,11,61,53,766/- as of December 31, 2021, with further interest and penal interest. The date of default was stated as February 1, 2017. The Corporate Debtor's account was classified as a Non-Performing Asset (NPA) on May 29, 2015.