Minesh Prints Limited filed a company petition under Section 10 of the Insolvency and Bankruptcy Code, 2016, seeking initiation of the Corporate Insolvency Resolution Process (CIRP). The company, incorporated on 20/02/1992, has a registered office in Mumbai and a paid-up share capital of ₹82,77,000/-. The shareholders passed a special resolution on 13.11.2019 to file the application for CIRP.
Minesh Prints Limited filed a petition under Section 10 of the Insolvency and Bankruptcy Code, 2016, for initiation of Corporate Insolvency Resolution Process (CIRP). The company's registered office is located in Mumbai, and it was incorporated on 20/02/1992. The shareholders passed a special resolution on 13.11.2019 to file the CIRP application. The company owes ₹1,52,10,392/- to unsecured financial creditors and ₹16,91,97,339/- to operational creditors, totaling ₹18,44,07,731/- in liabilities. The company's operational debt towards operational creditors is outstanding for more than six months. Some creditors have initiated recovery actions, including legal notices and arbitration petitions. The company has no outstanding secured loans except for one with Bank of
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Minesh Prints…
Shareholders passed a special resolution for…
Minesh Prints Limited filed a company petition under Section 10 of the Insolvency and Bankruptcy Code, 2016, seeking initiation of the Corporate Insolvency Resolution Process (CIRP). The company, incorporated on 20/02/1992, has a registered office in Mumbai and a paid-up share capital of ₹82,77,000/-. The shareholders passed a special resolution on 13.11.2019 to file the application for CIRP.
Minesh Prints Limited filed a petition under Section 10 of the Insolvency and Bankruptcy Code, 2016, for initiation of Corporate Insolvency Resolution Process (CIRP). The company's registered office is located in Mumbai, and it was incorporated on 20/02/1992. The shareholders passed a special resolution on 13.11.2019 to file the CIRP application. The company owes ₹1,52,10,392/- to unsecured financial creditors and ₹16,91,97,339/- to operational creditors, totaling ₹18,44,07,731/- in liabilities. The company's operational debt towards operational creditors is outstanding for more than six months. Some creditors have initiated recovery actions, including legal notices and arbitration petitions. The company has no outstanding secured loans except for one with Bank of
…Minesh Prints…
Shareholders passed a special resolution for…