The case pertains to an application filed by Chiraayush Stock Consultants Private Limited under Section 10 of the Insolvency and Bankruptcy Code, 2016, seeking initiation of the Corporate Insolvency Resolution Process (CIRP). The company was incorporated on 18.12.2006. The application was filed by Mr. Anil Kumar Gupta, authorized by a Board Resolution dated 03.08.2019. The company sought to initiate CIRP to overcome financial distress and restructure its debts.
Chiraayush Stock Consultants Private Limited filed an application under Section 10 of the Insolvency and Bankruptcy Code, 2016, for initiating Corporate Insolvency Resolution Process (CIRP). The company was incorporated on 18.12.2006. The application was filed by Mr. Anil Kumar Gupta, authorized by a Board Resolution dated 03.08.2019. The company's registered office is located in Kota, Rajasthan. The corporate debtor has 5 secured creditors. As of 31st March, 2019, the total amount in default was Rs. 17,16,18,548/-. The company placed demand letters issued by financial creditors as proof of default. The applicant affirmed that it is not disqualified under Section 11 of the Code. The company also filed copies of audited financial statements for the financial years
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Chiraayush Stock Consultants Private Limited…
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The case pertains to an application filed by Chiraayush Stock Consultants Private Limited under Section 10 of the Insolvency and Bankruptcy Code, 2016, seeking initiation of the Corporate Insolvency Resolution Process (CIRP). The company was incorporated on 18.12.2006. The application was filed by Mr. Anil Kumar Gupta, authorized by a Board Resolution dated 03.08.2019. The company sought to initiate CIRP to overcome financial distress and restructure its debts.
Chiraayush Stock Consultants Private Limited filed an application under Section 10 of the Insolvency and Bankruptcy Code, 2016, for initiating Corporate Insolvency Resolution Process (CIRP). The company was incorporated on 18.12.2006. The application was filed by Mr. Anil Kumar Gupta, authorized by a Board Resolution dated 03.08.2019. The company's registered office is located in Kota, Rajasthan. The corporate debtor has 5 secured creditors. As of 31st March, 2019, the total amount in default was Rs. 17,16,18,548/-. The company placed demand letters issued by financial creditors as proof of default. The applicant affirmed that it is not disqualified under Section 11 of the Code. The company also filed copies of audited financial statements for the financial years
…Chiraayush Stock Consultants Private Limited…
The total amount in…