Bourn Hall International India Private Limited filed an application under Section 10 of the Insolvency and Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP). The company claimed it was facing a dire financial situation and had committed several defaults in its payments. The application was supported by documents including the master data of Bourn Hall, Form-6 signed by the director, and a resolution passed in the Extraordinary General Meeting (EGM). During the proceedings, a notice of defect was issued to Bourn Hall for not filing the Board Resolution. An intervention application was filed by RNY Healthcare Services Pvt. Ltd., claiming to be the landlord of Bourn Hall. They alleged that Bourn Hall was concealing true facts about its
…Bourn Hall International India Private Limited filed an application under Section 10 of the Insolvency and Bankruptcy Code, 2016, to initiate CIRP, claiming financial distress and defaults in payments. Bourn Hall operates the Bourn Hall Fertility Clinic in Gurugram, providing assisted reproductive technology services. The application was supported by documents, including Form-6, signed by Shri Gautam Chhabra, Director of Bourn Hall, and a resolution passed in the EGM held on 31.10.2018. The company's registered office is located in Gurugram. HDFC Bank Ltd. is the only financial creditor. There are 127 suppliers of goods and services. The company's financial statements as of 20.10.2018 showed a negative net worth. RNY Healthcare Services Pvt. Ltd., claiming to be the
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Bourn Hall International India Private Limited filed an application under Section 10 of the Insolvency and Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP). The company claimed it was facing a dire financial situation and had committed several defaults in its payments. The application was supported by documents including the master data of Bourn Hall, Form-6 signed by the director, and a resolution passed in the Extraordinary General Meeting (EGM). During the proceedings, a notice of defect was issued to Bourn Hall for not filing the Board Resolution. An intervention application was filed by RNY Healthcare Services Pvt. Ltd., claiming to be the landlord of Bourn Hall. They alleged that Bourn Hall was concealing true facts about its
…Bourn Hall International India Private Limited filed an application under Section 10 of the Insolvency and Bankruptcy Code, 2016, to initiate CIRP, claiming financial distress and defaults in payments. Bourn Hall operates the Bourn Hall Fertility Clinic in Gurugram, providing assisted reproductive technology services. The application was supported by documents, including Form-6, signed by Shri Gautam Chhabra, Director of Bourn Hall, and a resolution passed in the EGM held on 31.10.2018. The company's registered office is located in Gurugram. HDFC Bank Ltd. is the only financial creditor. There are 127 suppliers of goods and services. The company's financial statements as of 20.10.2018 showed a negative net worth. RNY Healthcare Services Pvt. Ltd., claiming to be the
…Statement of affairs as…
Notice given to Hoda…