The case pertains to an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 by Darshan Anil Lodha, the proprietor of M/s A.B. Lodha, an operational creditor, against Kopargaon Ahmednagar Tollways (Phase-I), Private Limited, the corporate debtor. The operational creditor claimed unpaid dues for infrastructure, construction, and related allied works. The corporate debtor is primarily engaged in the business of design, construction, and maintenance of highways, bridges, flyovers, buildings, etc., and is a subsidiary of Supreme Infrastructure BOT Private Limited (SIBPL). The Government of Maharashtra awarded a project to M/s Ram Infrastructure Ltd. (RIL), which then involved Pranjal Infrastructure Limited. Pranjal issued work orders to the
…Darshan Anil Lodha, proprietor of M/s A.B. Lodha, filed a petition as an operational creditor against Kopargaon Ahmednagar Tollways (Phase-I), Private Limited (corporate debtor), under Section 9 of the Insolvency and Bankruptcy Code, 2016. The operational creditor provided infrastructure, construction, and related services to the corporate debtor. The corporate debtor is a subsidiary of Supreme Infrastructure BOT Private Limited (SIBPL). The Government of Maharashtra awarded a road construction project to M/s Ram Infrastructure Ltd. (RIL), which involved Pranjal Infrastructure Limited. Pranjal issued work orders to the petitioner, who completed the work. RIL and Pranjal failed to pay the outstanding amounts. SIBPL acquired shareholding in RIL and Pranjal and
…Sign in to view the parties.
A tri-party agreement was executed…
The Petitioner issued a notice of demand to RIL…
The case pertains to an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 by Darshan Anil Lodha, the proprietor of M/s A.B. Lodha, an operational creditor, against Kopargaon Ahmednagar Tollways (Phase-I), Private Limited, the corporate debtor. The operational creditor claimed unpaid dues for infrastructure, construction, and related allied works. The corporate debtor is primarily engaged in the business of design, construction, and maintenance of highways, bridges, flyovers, buildings, etc., and is a subsidiary of Supreme Infrastructure BOT Private Limited (SIBPL). The Government of Maharashtra awarded a project to M/s Ram Infrastructure Ltd. (RIL), which then involved Pranjal Infrastructure Limited. Pranjal issued work orders to the
…Darshan Anil Lodha, proprietor of M/s A.B. Lodha, filed a petition as an operational creditor against Kopargaon Ahmednagar Tollways (Phase-I), Private Limited (corporate debtor), under Section 9 of the Insolvency and Bankruptcy Code, 2016. The operational creditor provided infrastructure, construction, and related services to the corporate debtor. The corporate debtor is a subsidiary of Supreme Infrastructure BOT Private Limited (SIBPL). The Government of Maharashtra awarded a road construction project to M/s Ram Infrastructure Ltd. (RIL), which involved Pranjal Infrastructure Limited. Pranjal issued work orders to the petitioner, who completed the work. RIL and Pranjal failed to pay the outstanding amounts. SIBPL acquired shareholding in RIL and Pranjal and
…A tri-party agreement was executed…
The Petitioner issued a notice of demand to RIL…