Mr. Biren Parikh, styling himself as a financial creditor, filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, read with Rule 4 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, requesting the Adjudicating Authority to commence Corporate Insolvency Resolution Process (CIRP) in respect of M/s. Shree Vinayak Foods & Fabrics Pvt. Ltd., styling it as the corporate debtor. Shree Vinayak Foods & Fabrics Private Limited is a company incorporated under the Companies Act, 1956, with its registered office in Ahmedabad, engaged in the textile and food industries. In the financial year 2012-13, the corporate debtor approached the petitioner for a corporate loan, and the petitioner provided a loan of Rs. 1.45 crores.

Mr. Biren Parikh, styling himself as a financial creditor, filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, read with Rule 4 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, requesting the Adjudicating Authority to commence Corporate Insolvency Resolution Process (CIRP) in respect of M/s. Shree Vinayak Foods & Fabrics Pvt. Ltd., styling it as the corporate debtor. Shree Vinayak Foods & Fabrics Private Limited is a company incorporated under the Companies Act, 1956, with its registered office in Ahmedabad, engaged in the textile and food industries. In the financial year 2012-13, the corporate debtor approached the petitioner for a corporate loan, and the petitioner provided a loan of Rs. 1.45 crores.