The present petition has been preferred under Section 7 (1) and (2) of the IBC, 2016 initiating the CIRP qua the Corporate Debtor viz. GRJ Distributions and Developers Pvt. Ltd. The petition has been preferred qua Avalon Royal Park.
The petition is filed under Section 7 of IBC, 2016.
The Corporate Debtor is GRJ Distributions and Developers Pvt. Ltd.
The petition is preferred qua Avalon Royal Park project.
CP IB-477/ND/2021 has already been admitted qua GRJ Distributions Pvt. Ltd. for Avalon Rosewood Project.
The Corporate Debtor was incorporated on 23.11.1998.
The Corporate Debtor availed a loan facility from ECL Finance Limited.
A Facility Agreement dated 19.01.2018 was executed between the Corporate Debtor and the Original Lender.
The aforementioned Credit Facility carried an interest rate of 16% per annum.
The rate of interest in respect of the aforementioned credit facility was revised from 16% p.a. to 17.25% p.a. w.e.f. 15.02.2019.
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Facility Agreement dated 19.01.2018 was…
The rate of interest in respect of the credit…
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The present petition has been preferred under Section 7 (1) and (2) of the IBC, 2016 initiating the CIRP qua the Corporate Debtor viz. GRJ Distributions and Developers Pvt. Ltd. The petition has been preferred qua Avalon Royal Park.
The petition is filed under Section 7 of IBC, 2016.
The Corporate Debtor is GRJ Distributions and Developers Pvt. Ltd.
The petition is preferred qua Avalon Royal Park project.
CP IB-477/ND/2021 has already been admitted qua GRJ Distributions Pvt. Ltd. for Avalon Rosewood Project.
The Corporate Debtor was incorporated on 23.11.1998.
The Corporate Debtor availed a loan facility from ECL Finance Limited.
A Facility Agreement dated 19.01.2018 was executed between the Corporate Debtor and the Original Lender.
The aforementioned Credit Facility carried an interest rate of 16% per annum.
The rate of interest in respect of the aforementioned credit facility was revised from 16% p.a. to 17.25% p.a. w.e.f. 15.02.2019.
…Facility Agreement dated 19.01.2018 was…
The rate of interest in respect of the credit…
Sign in to view related legal provisions.