This is a Company Application filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 read with rule 4 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, by Mrs. Ritu Gakhar & Ors. (hereinafter referred to as ‘Financial Creditor'), seeking to initiate Corporate Insolvency Resolution Process (“CIRP”) against M/s. Om Krishna Developers Private Limited (“Corporate Debtor”).
Mrs. Ritu Gakhar & Ors. filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016.
The application was filed on 26.12.2024.
The Corporate Debtor has defaulted to make a payment of Rs. 7,13,11,152/- along with interest @ 12% pa till date of payment.
The present petition is filed by Ms. Ritu Gakhar being the Authorized Representative on behalf of all the other petitioners who are the Allottees / Homebuyers of the plots in the residential real estate project titled “County Garden.
The petitioners, comprising 88 real estate allottees holding a total of 104 units in the same project by Corporate Debtor.
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The present app…
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This is a Company Application filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 read with rule 4 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, by Mrs. Ritu Gakhar & Ors. (hereinafter referred to as ‘Financial Creditor'), seeking to initiate Corporate Insolvency Resolution Process (“CIRP”) against M/s. Om Krishna Developers Private Limited (“Corporate Debtor”).
Mrs. Ritu Gakhar & Ors. filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016.
The application was filed on 26.12.2024.
The Corporate Debtor has defaulted to make a payment of Rs. 7,13,11,152/- along with interest @ 12% pa till date of payment.
The present petition is filed by Ms. Ritu Gakhar being the Authorized Representative on behalf of all the other petitioners who are the Allottees / Homebuyers of the plots in the residential real estate project titled “County Garden.
The petitioners, comprising 88 real estate allottees holding a total of 104 units in the same project by Corporate Debtor.
…The present app…
Vide order dated…
Sign in to view related legal provisions.