The financial creditor, AJS Impex Private Limited, filed an application under section 9 of the Insolvency & Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against Matrushree Export Pvt Ltd, the corporate debtor, due to unpaid dues for supplied goods.
AJS Impex Private Limited, the financial creditor, filed an application, CP (IB) No. 1126/MB-IV/2020, under section 9 of the Insolvency & Bankruptcy Code, 2016, seeking to initiate the Corporate Insolvency Resolution Process (CIRP) against Matrushree Export Pvt Ltd, the corporate debtor. The application was filed by Mr. Ganesh B. Pawar, Manager of the operational creditor, who was authorized by a Board Resolution dated February 10, 2020. The total outstanding amount claimed by the operational creditor is Rs. 4,77,75,052/-, comprising a principal amount of Rs. 3,87,32,038/- and an interest amount of Rs. 90,41,014/-. The date of default, as per the summary of invoices, is February 1, 2019. The petition was filed on May 26, 2020, which is within the three-year
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The date of default as…
Operational Creditor raised seven invoices upon…
The financial creditor, AJS Impex Private Limited, filed an application under section 9 of the Insolvency & Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against Matrushree Export Pvt Ltd, the corporate debtor, due to unpaid dues for supplied goods.
AJS Impex Private Limited, the financial creditor, filed an application, CP (IB) No. 1126/MB-IV/2020, under section 9 of the Insolvency & Bankruptcy Code, 2016, seeking to initiate the Corporate Insolvency Resolution Process (CIRP) against Matrushree Export Pvt Ltd, the corporate debtor. The application was filed by Mr. Ganesh B. Pawar, Manager of the operational creditor, who was authorized by a Board Resolution dated February 10, 2020. The total outstanding amount claimed by the operational creditor is Rs. 4,77,75,052/-, comprising a principal amount of Rs. 3,87,32,038/- and an interest amount of Rs. 90,41,014/-. The date of default, as per the summary of invoices, is February 1, 2019. The petition was filed on May 26, 2020, which is within the three-year
…The date of default as…
Operational Creditor raised seven invoices upon…