The case involves a company petition filed by Omkara Assets Reconstruction Private Limited, the Financial Creditor, under Section 95 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate a Personal Insolvency Resolution Process against Mahesh Vasant Dabholkar, the Personal Guarantor. The Financial Creditor claims a total outstanding of ₹18,53,50,060/-.
Omkara Assets Reconstruction Private Limited, the Financial Creditor, filed a company petition under Section 95 of the Insolvency and Bankruptcy Code, 2016, to initiate a Personal Insolvency Resolution Process against Mahesh Vasant Dabholkar, the Personal Guarantor, due to an outstanding debt of ₹18,53,50,060/-. The Financial Creditor served a Demand Notice to the Personal Guarantor, and copies of the Company Petition and Court Notice were also served at the Guarantor's last known address. The Financial Creditor proposed Mr. Jayesh Natvarlal Sanghrajka as the Resolution Professional, who is registered with IBBI. The court found the petition complete and appointed Mr. Sanghrajka as the Resolution Professional, directing an advance payment of Rs.2,00,000/- by the
…Sign in to view the parties.
Demand Notice was successfully delivered upon…
Order sheet…
The case involves a company petition filed by Omkara Assets Reconstruction Private Limited, the Financial Creditor, under Section 95 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate a Personal Insolvency Resolution Process against Mahesh Vasant Dabholkar, the Personal Guarantor. The Financial Creditor claims a total outstanding of ₹18,53,50,060/-.
Omkara Assets Reconstruction Private Limited, the Financial Creditor, filed a company petition under Section 95 of the Insolvency and Bankruptcy Code, 2016, to initiate a Personal Insolvency Resolution Process against Mahesh Vasant Dabholkar, the Personal Guarantor, due to an outstanding debt of ₹18,53,50,060/-. The Financial Creditor served a Demand Notice to the Personal Guarantor, and copies of the Company Petition and Court Notice were also served at the Guarantor's last known address. The Financial Creditor proposed Mr. Jayesh Natvarlal Sanghrajka as the Resolution Professional, who is registered with IBBI. The court found the petition complete and appointed Mr. Sanghrajka as the Resolution Professional, directing an advance payment of Rs.2,00,000/- by the
…Demand Notice was successfully delivered upon…
Order sheet…