UCO Bank filed a petition under Section 7 of the IBC against M/s Jaldhaka Cold Storage Private Limited.

The claimed default amount was Rs. 23,33,05,408.54 as of 08.10.2024.

The Corporate Debtor's account was declared NPA on 30.06.2020.

The Corporate Debtor enjoyed credit facilities with UCO Bank prior to March 2019, with a total exposure of Rs. 1407.20 Lakh.

The Corporate Debtor submitted several OTS proposals from June 2022 to June 2024, which were considered by the Financial Creditor.

The Corporate Debtor did not make any representation despite service of notice and was set ex parte.

The petition was filed within the limitation period, considering the Suo Motu order of the Supreme Court and the OTS proposals.

UCO Bank filed a petition under Section 7 of the IBC against M/s Jaldhaka Cold Storage Private Limited.

The claimed default amount was Rs. 23,33,05,408.54 as of 08.10.2024.

The Corporate Debtor's account was declared NPA on 30.06.2020.

The Corporate Debtor enjoyed credit facilities with UCO Bank prior to March 2019, with a total exposure of Rs. 1407.20 Lakh.

The Corporate Debtor submitted several OTS proposals from June 2022 to June 2024, which were considered by the Financial Creditor.

The Corporate Debtor did not make any representation despite service of notice and was set ex parte.

The petition was filed within the limitation period, considering the Suo Motu order of the Supreme Court and the OTS proposals.