The case involves a petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 by Sicagen India Limited against Darshan Developers Private Limited. The petition was filed because Darshan Developers Private Limited allegedly defaulted on its debt obligations to Sicagen India Limited.
Sicagen India Limited filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 against Darshan Developers Private Limited. The petition was filed due to alleged default in debt obligations. However, Darshan Developers Private Limited was already undergoing CIRP based on an admission order dated 26.07.2021. The admission order was passed in CP.(IB).3106/MB-IV/2019. The court considered this existing CIRP when deciding on the new petition.
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Order sheet…
An admission order was passed by the court in…
The case involves a petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 by Sicagen India Limited against Darshan Developers Private Limited. The petition was filed because Darshan Developers Private Limited allegedly defaulted on its debt obligations to Sicagen India Limited.
Sicagen India Limited filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 against Darshan Developers Private Limited. The petition was filed due to alleged default in debt obligations. However, Darshan Developers Private Limited was already undergoing CIRP based on an admission order dated 26.07.2021. The admission order was passed in CP.(IB).3106/MB-IV/2019. The court considered this existing CIRP when deciding on the new petition.
Order sheet…
An admission order was passed by the court in…