Devi Construction Company Private Limited, the Operational Creditor, filed an application under section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against Adient India Private Limited, the Corporate Debtor. The Operational Creditor claimed a total amount of Rs. 22,54,15,255/- along with 18% interest per annum from September 1, 2020, stating that this amount was due and in default, with the date of default being June 5, 2019. The Operational Creditor specializes in industrial and commercial construction, while the Corporate Debtor develops seat systems and components for vehicles. The Corporate Debtor and Operational Creditor discussed a turnkey construction project, with the Corporate Debtor issuing a

Devi Construction Company Private Limited, the Operational Creditor, filed an application under section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against Adient India Private Limited, the Corporate Debtor. The Operational Creditor claimed a total amount of Rs. 22,54,15,255/- along with 18% interest per annum from September 1, 2020, stating that this amount was due and in default, with the date of default being June 5, 2019. The Operational Creditor specializes in industrial and commercial construction, while the Corporate Debtor develops seat systems and components for vehicles. The Corporate Debtor and Operational Creditor discussed a turnkey construction project, with the Corporate Debtor issuing a