FDS Management Services Private Limited filed a petition under Section 10 of the Insolvency and Bankruptcy Code, 2016, seeking initiation of Corporate Insolvency Resolution Process (CIRP) against itself. The application was filed through its Director, Mr. Surinder Routela, authorized by a Board Resolution dated April 28, 2020. The Corporate Applicant, incorporated on January 5, 2007, was engaged in providing various services, including pest control, canteen, and manpower supply. The company faced financial difficulties, leading to defaults in financial and operational debt payments.
FDS Management Services Private Limited (CIN:U74140DL2007PTC157502) filed a petition on 2020-10-22 under Section 10 of the Insolvency and Bankruptcy Code, 2016, for initiating Corporate Insolvency Resolution Process (CIRP) against itself. The application was filed through its Director, Mr. Surinder Routela (DIN: 03153135), authorized by a Board Resolution dated 2020-04-28. The Corporate Applicant was incorporated on 2007-01-05 and engaged in providing pest control, canteen, and guest house maintenance services. As of 2020-02-01, the total financial and operational debt outstanding was Rs. 5,00,000/- and Rs. 3,91,69,507/-, respectively. The Corporate Applicant's financial performance had declined since 2016-17, incurring losses of Rs. 4,54,96,642/- in 2019-20. Despite
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FDS Management Services Private Limited filed a petition under Section 10 of the Insolvency and Bankruptcy Code, 2016, seeking initiation of Corporate Insolvency Resolution Process (CIRP) against itself. The application was filed through its Director, Mr. Surinder Routela, authorized by a Board Resolution dated April 28, 2020. The Corporate Applicant, incorporated on January 5, 2007, was engaged in providing various services, including pest control, canteen, and manpower supply. The company faced financial difficulties, leading to defaults in financial and operational debt payments.
FDS Management Services Private Limited (CIN:U74140DL2007PTC157502) filed a petition on 2020-10-22 under Section 10 of the Insolvency and Bankruptcy Code, 2016, for initiating Corporate Insolvency Resolution Process (CIRP) against itself. The application was filed through its Director, Mr. Surinder Routela (DIN: 03153135), authorized by a Board Resolution dated 2020-04-28. The Corporate Applicant was incorporated on 2007-01-05 and engaged in providing pest control, canteen, and guest house maintenance services. As of 2020-02-01, the total financial and operational debt outstanding was Rs. 5,00,000/- and Rs. 3,91,69,507/-, respectively. The Corporate Applicant's financial performance had declined since 2016-17, incurring losses of Rs. 4,54,96,642/- in 2019-20. Despite
…FDS Management…
Board Resolution…