ICICI Bank Limited, the Financial Creditor, filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, to initiate the Insolvency Resolution Process against M/s. Tirupati Inks Ltd., the Corporate Debtor. The Financial Creditor claimed that the Corporate Debtor had defaulted on its financial obligations. The Financial Creditor was incorporated on 05.01.1994. The Corporate Debtor was incorporated on 10.04.1984 with an authorized share capital of Rs. 26,00,00,000/- and a paid-up share capital of Rs. 25,09,98,000/-. The Financial Creditor proposed the name of Shri Mukesh Mohan as the Interim Resolution Professional (IRP). The Corporate Debtor defaulted in payment of dues not only to the Financial Creditor but also to other members of a consortium led
…ICICI Bank Limited, the Financial Creditor, filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against M/s. Tirupati Inks Ltd., the Corporate Debtor, due to a default in financial obligations. The Financial Creditor was incorporated on 05.01.1994, while the Corporate Debtor was incorporated on 10.04.1984. The Corporate Debtor's authorized share capital was Rs. 26,00,00,000/-, and the paid-up share capital was Rs. 25,09,98,000/-. The Financial Creditor proposed Shri Mukesh Mohan as the Interim Resolution Professional (IRP). The Corporate Debtor defaulted not only to the Financial Creditor but also to other members of a consortium led by Punjab National Bank (PNB). After
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M/s. Tirupati I…
ICICI Bank Lim…
ICICI Bank Limited, the Financial Creditor, filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, to initiate the Insolvency Resolution Process against M/s. Tirupati Inks Ltd., the Corporate Debtor. The Financial Creditor claimed that the Corporate Debtor had defaulted on its financial obligations. The Financial Creditor was incorporated on 05.01.1994. The Corporate Debtor was incorporated on 10.04.1984 with an authorized share capital of Rs. 26,00,00,000/- and a paid-up share capital of Rs. 25,09,98,000/-. The Financial Creditor proposed the name of Shri Mukesh Mohan as the Interim Resolution Professional (IRP). The Corporate Debtor defaulted in payment of dues not only to the Financial Creditor but also to other members of a consortium led
…ICICI Bank Limited, the Financial Creditor, filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against M/s. Tirupati Inks Ltd., the Corporate Debtor, due to a default in financial obligations. The Financial Creditor was incorporated on 05.01.1994, while the Corporate Debtor was incorporated on 10.04.1984. The Corporate Debtor's authorized share capital was Rs. 26,00,00,000/-, and the paid-up share capital was Rs. 25,09,98,000/-. The Financial Creditor proposed Shri Mukesh Mohan as the Interim Resolution Professional (IRP). The Corporate Debtor defaulted not only to the Financial Creditor but also to other members of a consortium led by Punjab National Bank (PNB). After
…M/s. Tirupati I…
ICICI Bank Lim…