The case pertains to a petition filed by Janseva Sahkari Bank Limited, Pune (the Financial Creditor) under Section 7 of the Insolvency and Bankruptcy Code, 2016, seeking initiation of Corporate Insolvency Resolution Process (CIRP) against Enki Glass Industry Private Limited (the Corporate Debtor). The Corporate Debtor was incorporated on 13.08.2007. The Financial Creditor claims a default of Rs.9,33,28,529.05/-, with the date of default being 30.06.2013. The Financial Creditor also issued a notice under the SARFAESI Act on 06.11.2013 and took symbolic possession of the mortgaged properties on 28.04.2014. The Corporate Debtor's account was declared NPA on 30.06.2013.
Janseva Sahkari Bank Limited, Pune, filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against Enki Glass Industry Private Limited. Enki Glass Industry Private Limited, incorporated on 13.08.2007, is the Corporate Debtor. The total debt claimed to be in default is Rs.9,33,28,529.05/-, with the principal amount as on 31.07.2021 being Rs.7,49,52,729.05/- towards a term loan and Rs.1,83,75,800.10/- towards a working capital demand loan. The date of default is 30.06.2013. Jalgaon Peoples Co-op Bank (lead bank) had issued a notice under the SARFAESI Act on 06.11.2013, and symbolic possession was taken on 28.04.2014. The Corporate Debtor's account was declared NPA on 30.06.2013. The
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Enki Glass Industry…
The date of de…
The case pertains to a petition filed by Janseva Sahkari Bank Limited, Pune (the Financial Creditor) under Section 7 of the Insolvency and Bankruptcy Code, 2016, seeking initiation of Corporate Insolvency Resolution Process (CIRP) against Enki Glass Industry Private Limited (the Corporate Debtor). The Corporate Debtor was incorporated on 13.08.2007. The Financial Creditor claims a default of Rs.9,33,28,529.05/-, with the date of default being 30.06.2013. The Financial Creditor also issued a notice under the SARFAESI Act on 06.11.2013 and took symbolic possession of the mortgaged properties on 28.04.2014. The Corporate Debtor's account was declared NPA on 30.06.2013.
Janseva Sahkari Bank Limited, Pune, filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against Enki Glass Industry Private Limited. Enki Glass Industry Private Limited, incorporated on 13.08.2007, is the Corporate Debtor. The total debt claimed to be in default is Rs.9,33,28,529.05/-, with the principal amount as on 31.07.2021 being Rs.7,49,52,729.05/- towards a term loan and Rs.1,83,75,800.10/- towards a working capital demand loan. The date of default is 30.06.2013. Jalgaon Peoples Co-op Bank (lead bank) had issued a notice under the SARFAESI Act on 06.11.2013, and symbolic possession was taken on 28.04.2014. The Corporate Debtor's account was declared NPA on 30.06.2013. The
…Enki Glass Industry…
The date of de…