Oasis Agroinfra Limited, the Corporate Debtor, filed an application under Section 10 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate the corporate insolvency resolution process. The company's registered office is located in Bathinda, Punjab. The company was incorporated on 19.10.2010. The authorized share capital is ₹5 crores, and the issued and paid-up share capital is ₹4,79,90,250. The petition was filed through Mr. Keshav Kumar Bansal, a Director of the company. The company has defaulted on payments to Punjab National Bank, the financial creditor, leading to a demand notice issued by the bank. The total outstanding debt is ₹24,24,40,235.30, including amounts owed to financial and operational creditors.
Oasis Agroinfra Limited, the Corporate Debtor, filed an application under Section 10 of the Insolvency and Bankruptcy Code, 2016, to initiate the corporate insolvency resolution process. The company's registered office is in Bathinda, Punjab, and it was incorporated on 19.10.2010. The authorized share capital is ₹5 crores, while the issued and paid-up share capital is ₹4,79,90,250. The petition was filed through Mr. Keshav Kumar Bansal, a Director of the company. The company has defaulted on payments to Punjab National Bank, the financial creditor, leading to a demand notice dated 20.07.2016. The outstanding amount to Punjab National Bank is ₹18,28,06,681.30 as of 30.06.2016. The total outstanding debt is ₹24,24,40,235.30, including amounts owed to financial and
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Oasis Agroinfra…
Punjab National Bank…
Oasis Agroinfra Limited, the Corporate Debtor, filed an application under Section 10 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate the corporate insolvency resolution process. The company's registered office is located in Bathinda, Punjab. The company was incorporated on 19.10.2010. The authorized share capital is ₹5 crores, and the issued and paid-up share capital is ₹4,79,90,250. The petition was filed through Mr. Keshav Kumar Bansal, a Director of the company. The company has defaulted on payments to Punjab National Bank, the financial creditor, leading to a demand notice issued by the bank. The total outstanding debt is ₹24,24,40,235.30, including amounts owed to financial and operational creditors.
Oasis Agroinfra Limited, the Corporate Debtor, filed an application under Section 10 of the Insolvency and Bankruptcy Code, 2016, to initiate the corporate insolvency resolution process. The company's registered office is in Bathinda, Punjab, and it was incorporated on 19.10.2010. The authorized share capital is ₹5 crores, while the issued and paid-up share capital is ₹4,79,90,250. The petition was filed through Mr. Keshav Kumar Bansal, a Director of the company. The company has defaulted on payments to Punjab National Bank, the financial creditor, leading to a demand notice dated 20.07.2016. The outstanding amount to Punjab National Bank is ₹18,28,06,681.30 as of 30.06.2016. The total outstanding debt is ₹24,24,40,235.30, including amounts owed to financial and
…Oasis Agroinfra…
Punjab National Bank…