The case involves a Company Petition filed by Canara Bank of India Limited to initiate the Corporate Insolvency Resolution Process (CIRP) against Shri Saurabh Dilip Pradhan, the Personal Guarantor of the Corporate Debtor, Cottstown Fashion Limited. The petition is filed under Section 95(1) of the Insolvency and Bankruptcy Code, 2016.
Canara Bank of India Limited filed a Company Petition to initiate Corporate Insolvency Resolution Process (CIRP) against Shri Saurabh Dilip Pradhan, who is the Personal Guarantor of the Corporate Debtor, Cottstown Fashion Limited. The petition is filed under Section 95(1) of the Insolvency and Bankruptcy Code, 2016. The petitioner's counsel drew attention to the Deed of Personal Guarantee dated 2015-03-20 and the Demand Notice dated 2024-05-07 sent to the Respondent/Personal Guarantor regarding unpaid debt in default from M/s. Cottstown Fashion Limited. The court considered the submissions and documents, finding the petition complete. The court appointed Mr. Sumeet Gupta as the Resolution Professional and directed an advance payment of Rs. 1,00,000/- to be paid by the
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Date of the Deed of…
Date of the Demand Notice sent to the…
The case involves a Company Petition filed by Canara Bank of India Limited to initiate the Corporate Insolvency Resolution Process (CIRP) against Shri Saurabh Dilip Pradhan, the Personal Guarantor of the Corporate Debtor, Cottstown Fashion Limited. The petition is filed under Section 95(1) of the Insolvency and Bankruptcy Code, 2016.
Canara Bank of India Limited filed a Company Petition to initiate Corporate Insolvency Resolution Process (CIRP) against Shri Saurabh Dilip Pradhan, who is the Personal Guarantor of the Corporate Debtor, Cottstown Fashion Limited. The petition is filed under Section 95(1) of the Insolvency and Bankruptcy Code, 2016. The petitioner's counsel drew attention to the Deed of Personal Guarantee dated 2015-03-20 and the Demand Notice dated 2024-05-07 sent to the Respondent/Personal Guarantor regarding unpaid debt in default from M/s. Cottstown Fashion Limited. The court considered the submissions and documents, finding the petition complete. The court appointed Mr. Sumeet Gupta as the Resolution Professional and directed an advance payment of Rs. 1,00,000/- to be paid by the
…Date of the Deed of…
Date of the Demand Notice sent to the…