The Central Bank of India filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate the Corporate Insolvency Resolution Process (CIRP) against C.K. Software Private Limited, the Corporate Debtor, for defaulting on a payment of Rs. 379,16,21,684/-.
Central Bank of India filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016.
The petition seeks to initiate Corporate Insolvency Resolution Process (CIRP) against M/s. C.K. Software Private Limited.
The Corporate Debtor defaulted on a payment of Rs. 379,16,21,684/-.
The application was filed on 13.05.2024.
Central Bank of India is a financial institution constituted under The Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970.
M/s. Hanung Toys & Textile Limited had availed loan facilities from a consortium of banks led by Punjab National Bank.
C.K. Software Private Limited is a Corporate Guarantor to the loan facilities extended to the Principal Borrower.
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The present application…
The matter was proceeded ex parte against…
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The Central Bank of India filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate the Corporate Insolvency Resolution Process (CIRP) against C.K. Software Private Limited, the Corporate Debtor, for defaulting on a payment of Rs. 379,16,21,684/-.
Central Bank of India filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016.
The petition seeks to initiate Corporate Insolvency Resolution Process (CIRP) against M/s. C.K. Software Private Limited.
The Corporate Debtor defaulted on a payment of Rs. 379,16,21,684/-.
The application was filed on 13.05.2024.
Central Bank of India is a financial institution constituted under The Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970.
M/s. Hanung Toys & Textile Limited had availed loan facilities from a consortium of banks led by Punjab National Bank.
C.K. Software Private Limited is a Corporate Guarantor to the loan facilities extended to the Principal Borrower.
…The present application…
The matter was proceeded ex parte against…
Sign in to view related legal provisions.