Sital Leasing and Finance Limited filed a petition under Section 7 of the I&B Code 2016 against JLA Infraville Shoppers Limited for initiation of Corporate Insolvency Resolution Process (CIRP) due to default in repayment of a financial debt.
Sital Leasing and Finance Limited filed a Company Petition under Section 7 of the Insolvency and Bankruptcy Code, 2016.
The petition was filed on 16.12.2025.
Sital Leasing and Finance Limited is a Non-Banking Financial Company.
JLA Infraville Shoppers Limited is a company incorporated under the Companies Act, 2013.
JLA Infraville Shoppers Limited requested a working capital loan of ₹5,00,00,000/- from Sital Leasing and Finance Limited.
Sital Leasing and Finance Limited sanctioned an unsecured working capital loan facility up to ₹2,40,00,000/- to JLA Infraville Shoppers Limited.
A Loan Agreement was entered into on 10.07.2025, stipulating a 3-month loan period with 10% annual interest.
Sital Leasing and Finance Limited disbursed ₹2,38,35,000/- in multiple tranches.
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The Company Petition was filed by the…
Corporate Debtor,…
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Sital Leasing and Finance Limited filed a petition under Section 7 of the I&B Code 2016 against JLA Infraville Shoppers Limited for initiation of Corporate Insolvency Resolution Process (CIRP) due to default in repayment of a financial debt.
Sital Leasing and Finance Limited filed a Company Petition under Section 7 of the Insolvency and Bankruptcy Code, 2016.
The petition was filed on 16.12.2025.
Sital Leasing and Finance Limited is a Non-Banking Financial Company.
JLA Infraville Shoppers Limited is a company incorporated under the Companies Act, 2013.
JLA Infraville Shoppers Limited requested a working capital loan of ₹5,00,00,000/- from Sital Leasing and Finance Limited.
Sital Leasing and Finance Limited sanctioned an unsecured working capital loan facility up to ₹2,40,00,000/- to JLA Infraville Shoppers Limited.
A Loan Agreement was entered into on 10.07.2025, stipulating a 3-month loan period with 10% annual interest.
Sital Leasing and Finance Limited disbursed ₹2,38,35,000/- in multiple tranches.
…The Company Petition was filed by the…
Corporate Debtor,…
Sign in to view related legal provisions.