State Bank of India, the applicant and financial creditor, filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, against M/s. JSSI Hydraulics Private Limited, the respondent and corporate debtor. The application sought to initiate the Corporate Insolvency Resolution Process (CIRP) due to a default in financial debt. The corporate debtor was incorporated on July 2, 2007, and its registered office is in New Delhi, falling within the Tribunal's jurisdiction. The authorized share capital is Rs. 22,50,00,000/-, and the paid-up share capital is Rs. 22,19,60,000/-.

State Bank of India, the applicant and financial creditor, filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, against M/s. JSSI Hydraulics Private Limited, the respondent and corporate debtor. The application sought to initiate the Corporate Insolvency Resolution Process (CIRP) due to a default in financial debt. The corporate debtor was incorporated on July 2, 2007, and its registered office is in New Delhi, falling within the Tribunal's jurisdiction. The authorized share capital is Rs. 22,50,00,000/-, and the paid-up share capital is Rs. 22,19,60,000/-.