The Corporate Applicant, M/s Srivenkateshwar Tradex Private Limited, filed a petition under Section 10 of the IBC, 2016, seeking to initiate the Corporate Insolvency Resolution Process (CIRP) against itself due to its inability to pay its debts to financial and operational creditors.
M/s Srivenkateshwar Tradex Private Limited, the Corporate Applicant/Corporate Debtor, filed a petition under Section 10 of the Insolvency and Bankruptcy Code, 2016 (IBC, 2016), read with Rule 7 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, seeking to initiate the Corporate Insolvency Resolution Process (CIRP) against itself. The company was incorporated on November 3, 2010, and has its registered office in Shalimar Bagh, New Delhi. Its authorized share capital is Rs. 5,00,00,000, and its paid-up share capital is Rs. 3,27,00,000. The Corporate Applicant stated that due to the lockdown during the financial year 2020-2021 and subsequent years, it experienced a significant fall in demand and generated no income from business. This
…Sign in to view the parties.
M/s Srivenkateshwar…
The Corporate Applicant entered into a…
The Corporate Applicant, M/s Srivenkateshwar Tradex Private Limited, filed a petition under Section 10 of the IBC, 2016, seeking to initiate the Corporate Insolvency Resolution Process (CIRP) against itself due to its inability to pay its debts to financial and operational creditors.
M/s Srivenkateshwar Tradex Private Limited, the Corporate Applicant/Corporate Debtor, filed a petition under Section 10 of the Insolvency and Bankruptcy Code, 2016 (IBC, 2016), read with Rule 7 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, seeking to initiate the Corporate Insolvency Resolution Process (CIRP) against itself. The company was incorporated on November 3, 2010, and has its registered office in Shalimar Bagh, New Delhi. Its authorized share capital is Rs. 5,00,00,000, and its paid-up share capital is Rs. 3,27,00,000. The Corporate Applicant stated that due to the lockdown during the financial year 2020-2021 and subsequent years, it experienced a significant fall in demand and generated no income from business. This
…M/s Srivenkateshwar…
The Corporate Applicant entered into a…