M/s. Sanghvi Movers Limited, the operational creditor, filed an application 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 Corporate Insolvency Resolution Process (CIRP) against M/s. Hava Win India Private Limited, the corporate debtor. The application was filed on February 7, 2020, alleging a default in payment of Rs. 42,02,000/- plus 24% interest per annum as of September 27, 2019, for an operational debt. The operational creditor is in the business of supplying cranes on a hire/rental basis, while the corporate debtor installs Wind Turbine Generators. The corporate debtor rented cranes for its project site at TVH Energy Resource Private

M/s. Sanghvi Movers Limited, the operational creditor, filed an application 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 Corporate Insolvency Resolution Process (CIRP) against M/s. Hava Win India Private Limited, the corporate debtor. The application was filed on February 7, 2020, alleging a default in payment of Rs. 42,02,000/- plus 24% interest per annum as of September 27, 2019, for an operational debt. The operational creditor is in the business of supplying cranes on a hire/rental basis, while the corporate debtor installs Wind Turbine Generators. The corporate debtor rented cranes for its project site at TVH Energy Resource Private