This is a Company Petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 filed by Shri Arihant Merchants Private Limited & Ors, seeking to initiate Corporate Insolvency Resolution Process (“CIRP”) against NKR Realty Private Limited. The Corporate Debtor is a private limited company incorporated on 01.09.2015. The authorized share-capital of the company is ₹10,00,000/- and the paid-up share capital of the company is ₹1,00,000/-. The total amount claimed to be in due to the Financial Creditor, is Rs. 1,21,23,815/-. The date of default is mentioned as 10.12.2022. The Financial Creditor has relied on various documents in support of its claims.
Shri Arihant Merchants Private Limited & Ors. (Financial Creditors) filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against NKR Realty Private Limited (Corporate Debtor). The Corporate Debtor is a private limited company incorporated on 01.09.2015 with an authorized share capital of ₹10,00,000/- and a paid-up share capital of ₹1,00,000/-. The Financial Creditors claimed a total amount of Rs. 1,21,23,815/- due from the Corporate Debtor, with the date of default being 10.12.2022. The Financial Creditors advanced three loans to the Corporate Debtor based on verbal agreements, repayable on demand, with interest calculated at an agreed rate. The Corporate Debtor made payments only
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NKR Realty Private…
Financial Creditors…
This is a Company Petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 filed by Shri Arihant Merchants Private Limited & Ors, seeking to initiate Corporate Insolvency Resolution Process (“CIRP”) against NKR Realty Private Limited. The Corporate Debtor is a private limited company incorporated on 01.09.2015. The authorized share-capital of the company is ₹10,00,000/- and the paid-up share capital of the company is ₹1,00,000/-. The total amount claimed to be in due to the Financial Creditor, is Rs. 1,21,23,815/-. The date of default is mentioned as 10.12.2022. The Financial Creditor has relied on various documents in support of its claims.
Shri Arihant Merchants Private Limited & Ors. (Financial Creditors) filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against NKR Realty Private Limited (Corporate Debtor). The Corporate Debtor is a private limited company incorporated on 01.09.2015 with an authorized share capital of ₹10,00,000/- and a paid-up share capital of ₹1,00,000/-. The Financial Creditors claimed a total amount of Rs. 1,21,23,815/- due from the Corporate Debtor, with the date of default being 10.12.2022. The Financial Creditors advanced three loans to the Corporate Debtor based on verbal agreements, repayable on demand, with interest calculated at an agreed rate. The Corporate Debtor made payments only
…NKR Realty Private…
Financial Creditors…