The case involves a petition filed by Print House (India) Private Limited under Section 10 of the Insolvency & Bankruptcy Code, 2016, seeking to declare itself insolvent. The company, originally incorporated as Mazda Hospital and Industrial equipment Pvt. Ltd. in 1987, changed its name in 1999. Several financial creditors, including The Shamrao Vithal Cooperative Bank, Landesbank Baden Wurttemberg (LBW), Standard Chartered Bank, and Sumitomo Mitsui Finance and Leasing Co. Ltd., have outstanding dues from the corporate debtor. LBW and Standard Chartered Bank had previously filed winding-up petitions in the Bombay High Court, which were later recalled due to settlements. Pegasus Assets Reconstruction Private Limited had also issued a SARFAESI notice. The corporate
…Print House (India) Private Limited filed a petition under Section 10 of the Insolvency & Bankruptcy Code, 2016, to declare itself insolvent. The company was originally incorporated as Mazda Hospital and Industrial equipment Pvt. Ltd. on 09.01.1987 and changed its name to Print House (India) Private Limited on 29.12.1999. As of 31.03.2017, the company had outstanding loans and credit facilities with various financial institutions, including The Shamrao Vithal Cooperative Bank (₹37,28,54,570/-), Landesbank Baden Wurttemberg (₹8,90,07,010/-), Standard Chartered Bank (₹10,19,35,753/-), and Sumitomo Mitsui Finance and Leasing Co. Ltd. (₹15,20,15,596/-). Landesbank Baden Wurttemberg and Standard Chartered Bank had previously filed winding-up petitions against the
…Sign in to view the parties.
The Company was…
The company changed its…
The case involves a petition filed by Print House (India) Private Limited under Section 10 of the Insolvency & Bankruptcy Code, 2016, seeking to declare itself insolvent. The company, originally incorporated as Mazda Hospital and Industrial equipment Pvt. Ltd. in 1987, changed its name in 1999. Several financial creditors, including The Shamrao Vithal Cooperative Bank, Landesbank Baden Wurttemberg (LBW), Standard Chartered Bank, and Sumitomo Mitsui Finance and Leasing Co. Ltd., have outstanding dues from the corporate debtor. LBW and Standard Chartered Bank had previously filed winding-up petitions in the Bombay High Court, which were later recalled due to settlements. Pegasus Assets Reconstruction Private Limited had also issued a SARFAESI notice. The corporate
…Print House (India) Private Limited filed a petition under Section 10 of the Insolvency & Bankruptcy Code, 2016, to declare itself insolvent. The company was originally incorporated as Mazda Hospital and Industrial equipment Pvt. Ltd. on 09.01.1987 and changed its name to Print House (India) Private Limited on 29.12.1999. As of 31.03.2017, the company had outstanding loans and credit facilities with various financial institutions, including The Shamrao Vithal Cooperative Bank (₹37,28,54,570/-), Landesbank Baden Wurttemberg (₹8,90,07,010/-), Standard Chartered Bank (₹10,19,35,753/-), and Sumitomo Mitsui Finance and Leasing Co. Ltd. (₹15,20,15,596/-). Landesbank Baden Wurttemberg and Standard Chartered Bank had previously filed winding-up petitions against the
…The Company was…
The company changed its…