HDFC Bank Limited filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, against Nilshikhaa Projects Limited for initiation of Corporate Insolvency Resolution Process (CIRP). The petition was based on the corporate debtor's default in payment of outstanding dues.
HDFC Bank Limited filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, against Nilshikhaa Projects Limited.
The petition was filed on 28.01.2025.
The outstanding dues of Rs.7,56,26,739.48ps. including interest as on 30.09.2024.
The Corporate Debtor availed credit facilities from the Financial Creditor through sanction letters dated 18.07.2018, 05.12.2018, 18.03.2020, 16.08.2020, and 08.09.2021.
The Corporate Debtor defaulted on 15.11.2022 in servicing the interest as well as in repayment of instalments.
The Financial Creditor served a Demand Notice dated 30.10.2024 U/s 13(2) of the SARFAESI Act, 2002 and a Legal Notice dated 06.11.2024.
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The present Petition is…
Date of default is…
HDFC Bank Limited filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, against Nilshikhaa Projects Limited for initiation of Corporate Insolvency Resolution Process (CIRP). The petition was based on the corporate debtor's default in payment of outstanding dues.
HDFC Bank Limited filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, against Nilshikhaa Projects Limited.
The petition was filed on 28.01.2025.
The outstanding dues of Rs.7,56,26,739.48ps. including interest as on 30.09.2024.
The Corporate Debtor availed credit facilities from the Financial Creditor through sanction letters dated 18.07.2018, 05.12.2018, 18.03.2020, 16.08.2020, and 08.09.2021.
The Corporate Debtor defaulted on 15.11.2022 in servicing the interest as well as in repayment of instalments.
The Financial Creditor served a Demand Notice dated 30.10.2024 U/s 13(2) of the SARFAESI Act, 2002 and a Legal Notice dated 06.11.2024.
…The present Petition is…
Date of default is…