Akshat Pandey, an Operational Creditor, filed a Company Petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate Corporate Insolvency Resolution Process (CIRP) against Avighna Films Private Limited, the Corporate Debtor, for failing to pay Rs. 1,14,25,000.
Akshat Pandey filed a petition under Section 9 of the IBC against Avighna Films Private Limited.
The petition was filed due to the Corporate Debtor's failure to pay Rs. 1,14,25,000 to the Operational Creditor.
Akshat Pandey was inducted as an Additional Director in Avighna Films Private Limited for the production of a movie.
The Operational Creditor invested Rs. 1,14,25,000 in the production of a movie by the Corporate Debtor.
Sohini Ghosh, a director of the Corporate Debtor, entered into an agreement with Editfx Studios Pvt. Ltd. restricting other persons from post-production activities.
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The present petition…
Date of Hea…
Akshat Pandey, an Operational Creditor, filed a Company Petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate Corporate Insolvency Resolution Process (CIRP) against Avighna Films Private Limited, the Corporate Debtor, for failing to pay Rs. 1,14,25,000.
Akshat Pandey filed a petition under Section 9 of the IBC against Avighna Films Private Limited.
The petition was filed due to the Corporate Debtor's failure to pay Rs. 1,14,25,000 to the Operational Creditor.
Akshat Pandey was inducted as an Additional Director in Avighna Films Private Limited for the production of a movie.
The Operational Creditor invested Rs. 1,14,25,000 in the production of a movie by the Corporate Debtor.
Sohini Ghosh, a director of the Corporate Debtor, entered into an agreement with Editfx Studios Pvt. Ltd. restricting other persons from post-production activities.
…The present petition…
Date of Hea…