UCO Bank filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, against Haridra Vintrade Private Limited (HVPL), the Corporate Debtor, for defaulting on a payment of Rs. 2,59,72,349.97.
UCO Bank, the Financial Creditor, filed a petition under Section 7 of the IBC against Haridra Vintrade Private Limited, the Corporate Debtor.
The Corporate Debtor defaulted on a payment of Rs. 2,59,72,349.97 as of 30.03.2023.
The Corporate Debtor's account was classified as NPA on 30.03.2023.
The Financial Creditor had sanctioned a Working Capital Limit of Rs 2,50,00,000/- to the Corporate Debtor.
The Financial Creditor filed an application under Section 19 of the Recovery of Debts and Bankruptcy Act 1993, which is pending before the Kolkata Debt Recovery Tribunal Bench-III.
The Adjudicating Authority directed the Financial Creditor to file an affidavit regarding the correctness of the address of the Corporate Debtor.
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The loan account of the…
The present petition…
UCO Bank filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, against Haridra Vintrade Private Limited (HVPL), the Corporate Debtor, for defaulting on a payment of Rs. 2,59,72,349.97.
UCO Bank, the Financial Creditor, filed a petition under Section 7 of the IBC against Haridra Vintrade Private Limited, the Corporate Debtor.
The Corporate Debtor defaulted on a payment of Rs. 2,59,72,349.97 as of 30.03.2023.
The Corporate Debtor's account was classified as NPA on 30.03.2023.
The Financial Creditor had sanctioned a Working Capital Limit of Rs 2,50,00,000/- to the Corporate Debtor.
The Financial Creditor filed an application under Section 19 of the Recovery of Debts and Bankruptcy Act 1993, which is pending before the Kolkata Debt Recovery Tribunal Bench-III.
The Adjudicating Authority directed the Financial Creditor to file an affidavit regarding the correctness of the address of the Corporate Debtor.
…The loan account of the…
The present petition…