The case pertains to an application filed by Fort Café Food Services Pvt. Ltd., the Financial Creditor, under Section 7 of the Insolvency and Bankruptcy Code, 2016, for initiating Corporate Insolvency Resolution Process (CIRP) against Radhagobind Commercial Ltd., the Corporate Debtor, due to a default of INR 1,02,60,000/-.
Fort Café Food Services Pvt. Ltd. filed an application under Section 7 of the IBC to initiate CIRP against Radhagobind Commercial Ltd.
The total default amount claimed by the Financial Creditor is INR 1,02,60,000/-.
A loan agreement was entered into on 26.09.2023 between the parties, with the Board of Directors of Financial Creditor having sanctioned a term loan of Rs. 1.25 Crores on 26.07.2025 to the Corporate Debtor.
The Corporate Debtor admits to the disbursal of money against consideration but cites adverse financial health as the reason for its inability to meet its obligations.
…Sign in to view the parties.
A loan agreement was entered into between…
An initial installment…
The case pertains to an application filed by Fort Café Food Services Pvt. Ltd., the Financial Creditor, under Section 7 of the Insolvency and Bankruptcy Code, 2016, for initiating Corporate Insolvency Resolution Process (CIRP) against Radhagobind Commercial Ltd., the Corporate Debtor, due to a default of INR 1,02,60,000/-.
Fort Café Food Services Pvt. Ltd. filed an application under Section 7 of the IBC to initiate CIRP against Radhagobind Commercial Ltd.
The total default amount claimed by the Financial Creditor is INR 1,02,60,000/-.
A loan agreement was entered into on 26.09.2023 between the parties, with the Board of Directors of Financial Creditor having sanctioned a term loan of Rs. 1.25 Crores on 26.07.2025 to the Corporate Debtor.
The Corporate Debtor admits to the disbursal of money against consideration but cites adverse financial health as the reason for its inability to meet its obligations.
…A loan agreement was entered into between…
An initial installment…