Mangilal Suthar, proprietor of M. Arts (Operational Creditor), filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against Ganapati India International Pvt. Ltd. (Corporate Debtor). The Operational Creditor, an interior work contractor and designer, had entered into agreements with the Corporate Debtor, a building contractor, for interior work during 2016-17.

Mangilal Suthar, proprietor of M. Arts (Operational Creditor), filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against Ganapati India International Pvt. Ltd. (Corporate Debtor). The Operational Creditor, an interior work contractor and designer, had entered into agreements with the Corporate Debtor, a building contractor, for interior work during 2016-17.