The case involves an application filed under Section 7 of the Insolvency and Bankruptcy Code, 2016, read with Rule 4 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, by ASK Investment Managers Limited, the Financial Creditor, against Real Value Promoters Private Limited, the Corporate Debtor, for initiating Corporate Insolvency Resolution Process (CIRP). The Financial Creditor claimed a total amount of Rs.2,29,04,09,761/- as outstanding which is due and payable by the Corporate Debtor. Another Operational Creditor had initiated CIRP against the Corporate Debtor vide IBA/577/2020, which has been admitted by this Tribunal vide order dated 10.05.2023. The Corporate Insolvency Resolution Process (CIRP) has been initiated against the
…ASK Investment Managers Limited, the Financial Creditor, filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, against Real Value Promoters Private Limited, the Corporate Debtor, for initiating Corporate Insolvency Resolution Process (CIRP). The Financial Creditor claimed a total amount of Rs.2,29,04,09,761/- as outstanding which is due and payable by the Corporate Debtor. Another Operational Creditor had initiated CIRP against the Corporate Debtor vide IBA/577/2020, which has been admitted by this Tribunal vide order dated 10.05.2023. Mr.Mahalingam Suresh Kumar has been appointed as Interim Resolution Professional (IRP).
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ASK Investment Managers Limited filed an…
ASK Investment Managers Limited claimed…
The case involves an application filed under Section 7 of the Insolvency and Bankruptcy Code, 2016, read with Rule 4 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, by ASK Investment Managers Limited, the Financial Creditor, against Real Value Promoters Private Limited, the Corporate Debtor, for initiating Corporate Insolvency Resolution Process (CIRP). The Financial Creditor claimed a total amount of Rs.2,29,04,09,761/- as outstanding which is due and payable by the Corporate Debtor. Another Operational Creditor had initiated CIRP against the Corporate Debtor vide IBA/577/2020, which has been admitted by this Tribunal vide order dated 10.05.2023. The Corporate Insolvency Resolution Process (CIRP) has been initiated against the
…ASK Investment Managers Limited, the Financial Creditor, filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, against Real Value Promoters Private Limited, the Corporate Debtor, for initiating Corporate Insolvency Resolution Process (CIRP). The Financial Creditor claimed a total amount of Rs.2,29,04,09,761/- as outstanding which is due and payable by the Corporate Debtor. Another Operational Creditor had initiated CIRP against the Corporate Debtor vide IBA/577/2020, which has been admitted by this Tribunal vide order dated 10.05.2023. Mr.Mahalingam Suresh Kumar has been appointed as Interim Resolution Professional (IRP).
ASK Investment Managers Limited filed an…
ASK Investment Managers Limited claimed…