State Bank of India (Financial Creditor) filed a company petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) against M/s Dadda Ji Hospital Private Limited (Corporate Debtor) for initiating Corporate Insolvency Resolution Process (CIRP) due to a default in repayment of a financial debt amounting to INR 23,07,06,812.03 as on 01.03.2025. The Corporate Debtor raised several objections, including lack of proper authority to file the petition, defective affidavit, absence of a formal loan agreement, lack of proof of disbursal, non-conformity of bank statements with the Bankers' Books Evidence Act, invalid NPA classification due to its MSME status, an erroneous and unreliable date of default, and the argument that as a going concern providing essential
…State Bank of India (Applicant/Financial Creditor) filed a company petition under Section 7 of the IBC against M/s Dadda Ji Hospital Private Limited (Respondent/Corporate Debtor).
The application seeks initiation of Corporate Insolvency Resolution Process (CIRP) due to default in repayment of a financial debt.
State Bank of India is represented by its Authorised Representative, Mr. Rajendra Kumar, acting under an authority letter dated 21.03.2025.
M/s Dadda Ji Hospital Private Limited was incorporated on 22.03.2017 and holds Udyam Registration No. UDYAM-MP-24-0011840, classified as a 'Small' enterprise.
Mr. Sanjay Kumar Gupta, Insolvency Professional, was proposed as the Interim Resolution Professional (IRP).
The amount claimed to be in default is INR 23,07,06,812.03.
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M/s Dadda Ji Hospital…
State Bank of India…
State Bank of India (Financial Creditor) filed a company petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) against M/s Dadda Ji Hospital Private Limited (Corporate Debtor) for initiating Corporate Insolvency Resolution Process (CIRP) due to a default in repayment of a financial debt amounting to INR 23,07,06,812.03 as on 01.03.2025. The Corporate Debtor raised several objections, including lack of proper authority to file the petition, defective affidavit, absence of a formal loan agreement, lack of proof of disbursal, non-conformity of bank statements with the Bankers' Books Evidence Act, invalid NPA classification due to its MSME status, an erroneous and unreliable date of default, and the argument that as a going concern providing essential
…State Bank of India (Applicant/Financial Creditor) filed a company petition under Section 7 of the IBC against M/s Dadda Ji Hospital Private Limited (Respondent/Corporate Debtor).
The application seeks initiation of Corporate Insolvency Resolution Process (CIRP) due to default in repayment of a financial debt.
State Bank of India is represented by its Authorised Representative, Mr. Rajendra Kumar, acting under an authority letter dated 21.03.2025.
M/s Dadda Ji Hospital Private Limited was incorporated on 22.03.2017 and holds Udyam Registration No. UDYAM-MP-24-0011840, classified as a 'Small' enterprise.
Mr. Sanjay Kumar Gupta, Insolvency Professional, was proposed as the Interim Resolution Professional (IRP).
The amount claimed to be in default is INR 23,07,06,812.03.
…M/s Dadda Ji Hospital…
State Bank of India…