Punjab National Bank, the Financial Creditor, filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC), seeking to initiate the Corporate Insolvency Resolution Process (CIRP) against Pride Coke Private Limited, the Corporate Debtor. The application was filed for an unresolved financial debt amounting to Rs. 42,02,42,577.55. The Corporate Debtor is a Public Limited Company incorporated on February 2, 2009, under the Companies Act, 1956, with its registered office in Guwahati, Assam.

Punjab National Bank, the Financial Creditor, filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC), seeking to initiate the Corporate Insolvency Resolution Process (CIRP) against Pride Coke Private Limited, the Corporate Debtor. The application was filed for an unresolved financial debt amounting to Rs. 42,02,42,577.55. The Corporate Debtor is a Public Limited Company incorporated on February 2, 2009, under the Companies Act, 1956, with its registered office in Guwahati, Assam.