Sunil Tulsidas Gadekar and Shakir Ali Sajjad Ali Shaikh, the applicants and financial creditors, filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against Vindhyawashini Marine Services Private Limited, the corporate debtor. The total amount claimed in default was Rs. 2,11,91,300.50/- as of February 9, 2024, with the date of default being November 9, 2023, which is the date the corporate debtor failed to pay the arbitral award amount.

Sunil Tulsidas Gadekar and Shakir Ali Sajjad Ali Shaikh, the applicants and financial creditors, filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against Vindhyawashini Marine Services Private Limited, the corporate debtor. The total amount claimed in default was Rs. 2,11,91,300.50/- as of February 9, 2024, with the date of default being November 9, 2023, which is the date the corporate debtor failed to pay the arbitral award amount.