The case involves a petition filed by Unity Small Finance Bank Ltd, the Financial Creditor, under Section 7 of the Insolvency and Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against Sudradh Construction Private Limited, the Corporate Debtor, due to non-payment of a financial debt amounting to Rs. 2,02,59,92,008.70, inclusive of contractual interest, penal interest, costs, and expenses. The Corporate Debtor had availed loan facilities from the Financial Creditor, which were later classified as Non-Performing Asset (NPA) due to irregular payments and defaults. The Financial Creditor initiated measures under the SARFAESI Act and issued demand notices, but the Corporate Debtor failed to respond. The Corporate Debtor argued that the

The case involves a petition filed by Unity Small Finance Bank Ltd, the Financial Creditor, under Section 7 of the Insolvency and Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against Sudradh Construction Private Limited, the Corporate Debtor, due to non-payment of a financial debt amounting to Rs. 2,02,59,92,008.70, inclusive of contractual interest, penal interest, costs, and expenses. The Corporate Debtor had availed loan facilities from the Financial Creditor, which were later classified as Non-Performing Asset (NPA) due to irregular payments and defaults. The Financial Creditor initiated measures under the SARFAESI Act and issued demand notices, but the Corporate Debtor failed to respond. The Corporate Debtor argued that the