The case pertains to an application filed by Sintra Limited under Section 10 of the Insolvency and Bankruptcy Code, 2016, seeking initiation of the Corporate Insolvency Resolution Process (CIRP) against itself. The application was filed through its director, Mr. Binu Kakkanattu Jose, authorized by a Board Resolution dated 29.07.2021. Sintra Limited, originally incorporated as "The Hyderabad Investment Trust Limited" in 1942, later renamed to "The Shahabad Investments and Traders Limited" and subsequently to "Sintra Limited" in 1984, was involved in providing handling, loading, uploading, and transport services to cement companies. The company has been unable to carry out operations since 2017-2018 and lacks resources to pay off its liabilities.
Sintra Limited filed an application under Section 10 of the Insolvency and Bankruptcy Code, 2016, seeking initiation of Corporate Insolvency Resolution Process (CIRP) against itself. The company, originally incorporated in 1942, has been involved in providing transport services to cement companies. The application was filed through its director, Mr. Binu Kakkanattu Jose, authorized by a Board Resolution dated 29.07.2021. Sintra Limited has been unable to carry out operations since the financial year 2017-2018 and lacks resources to pay off its liabilities. The company has defaulted in payments to Financial Creditors on 30.09.2019 and 24.03.2020, and to Operational Creditors on several dates. The total debt owed to Financial Creditors is Rs. 36,14,775, and to
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The Corporate Applicant was incorporated as…
The Corporate Applicant was renamed to “The…
The case pertains to an application filed by Sintra Limited under Section 10 of the Insolvency and Bankruptcy Code, 2016, seeking initiation of the Corporate Insolvency Resolution Process (CIRP) against itself. The application was filed through its director, Mr. Binu Kakkanattu Jose, authorized by a Board Resolution dated 29.07.2021. Sintra Limited, originally incorporated as "The Hyderabad Investment Trust Limited" in 1942, later renamed to "The Shahabad Investments and Traders Limited" and subsequently to "Sintra Limited" in 1984, was involved in providing handling, loading, uploading, and transport services to cement companies. The company has been unable to carry out operations since 2017-2018 and lacks resources to pay off its liabilities.
Sintra Limited filed an application under Section 10 of the Insolvency and Bankruptcy Code, 2016, seeking initiation of Corporate Insolvency Resolution Process (CIRP) against itself. The company, originally incorporated in 1942, has been involved in providing transport services to cement companies. The application was filed through its director, Mr. Binu Kakkanattu Jose, authorized by a Board Resolution dated 29.07.2021. Sintra Limited has been unable to carry out operations since the financial year 2017-2018 and lacks resources to pay off its liabilities. The company has defaulted in payments to Financial Creditors on 30.09.2019 and 24.03.2020, and to Operational Creditors on several dates. The total debt owed to Financial Creditors is Rs. 36,14,775, and to
…The Corporate Applicant was incorporated as…
The Corporate Applicant was renamed to “The…