The petition was filed under Section 10 of the Insolvency & Bankruptcy Code, 2016, read with Rule 7 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, for initiating the Corporate Insolvency Resolution Process (CIRP) in respect of ROOFCO Trading Company Private Limited.
The petition was filed under Section 10 of the Insolvency and Bankruptcy Code, 2016.
ROOFCO Trading Company Private Limited is the Corporate Applicant.
The Corporate Debtor's CIN is U51432KL2004PTC017322.
The total amount in default towards Financial Creditors is Rs. 23,36,51,745/-.
The total amount in default towards Operational Creditors is Rs. 5,55,33,865/-.
The Corporate Applicant had previously filed an application under Section 10, which was dismissed due to incomplete annexures.
The Board of Directors and shareholders passed a resolution for initiation of CIRP.
State Bank of India and Cholamandalam IFC Limited, both financial creditors, submitted no objection to the application.
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The petition was filed under Section 10 of the Insolvency & Bankruptcy Code, 2016, read with Rule 7 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, for initiating the Corporate Insolvency Resolution Process (CIRP) in respect of ROOFCO Trading Company Private Limited.
The petition was filed under Section 10 of the Insolvency and Bankruptcy Code, 2016.
ROOFCO Trading Company Private Limited is the Corporate Applicant.
The Corporate Debtor's CIN is U51432KL2004PTC017322.
The total amount in default towards Financial Creditors is Rs. 23,36,51,745/-.
The total amount in default towards Operational Creditors is Rs. 5,55,33,865/-.
The Corporate Applicant had previously filed an application under Section 10, which was dismissed due to incomplete annexures.
The Board of Directors and shareholders passed a resolution for initiation of CIRP.
State Bank of India and Cholamandalam IFC Limited, both financial creditors, submitted no objection to the application.
…The date on wh…
The date on wh…