Rajhans Infrabuild LLP, the applicant and financial creditor, filed an application under section 7 of the Insolvency and Bankruptcy Code, 2016, read with Rule 4 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, on March 17, 2022. The application sought to initiate the Corporate Insolvency Resolution Process against Growmore Wealth Private Limited, the corporate debtor, for an alleged default in financial debt repayment. The applicant is a Limited Liability Partnership firm engaged in construction, entertainment, and hospitality businesses, while the corporate debtor is a private limited company in the financial sector.

Rajhans Infrabuild LLP, the applicant and financial creditor, filed an application under section 7 of the Insolvency and Bankruptcy Code, 2016, read with Rule 4 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, on March 17, 2022. The application sought to initiate the Corporate Insolvency Resolution Process against Growmore Wealth Private Limited, the corporate debtor, for an alleged default in financial debt repayment. The applicant is a Limited Liability Partnership firm engaged in construction, entertainment, and hospitality businesses, while the corporate debtor is a private limited company in the financial sector.