The application was filed under Section 10 of the Insolvency and Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) for Candid Guard Services Private Limited.
The Corporate Applicant, Candid Guard Services Private Limited, filed an application under Section 10 of the Insolvency and Bankruptcy Code, 2016, to initiate CIRP.
The Corporate Applicant faced financial difficulties due to the discontinuation of assistance from DGR, the introduction of GST, the COVID-19 pandemic, and a raid by the State GST Department.
The Corporate Applicant defaulted in repayment of debts amounting to more than Rs 1 Crore.
The Adjudicating Authority directed the Corporate Applicant to serve copies of the application to various departments and financial creditors.
The Corporate Applicant submitted affidavits of service confirming that copies of the application had been served.
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The present application was filed on…
Date of Pronou…
The application was filed under Section 10 of the Insolvency and Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) for Candid Guard Services Private Limited.
The Corporate Applicant, Candid Guard Services Private Limited, filed an application under Section 10 of the Insolvency and Bankruptcy Code, 2016, to initiate CIRP.
The Corporate Applicant faced financial difficulties due to the discontinuation of assistance from DGR, the introduction of GST, the COVID-19 pandemic, and a raid by the State GST Department.
The Corporate Applicant defaulted in repayment of debts amounting to more than Rs 1 Crore.
The Adjudicating Authority directed the Corporate Applicant to serve copies of the application to various departments and financial creditors.
The Corporate Applicant submitted affidavits of service confirming that copies of the application had been served.
…The present application was filed on…
Date of Pronou…