The case involves an application filed by Indian Bank, the Financial Creditor, under Section 7 of the Insolvency and Bankruptcy Code, 2016, seeking initiation of the Corporate Insolvency Resolution Process (CIRP) against M/s United Royalfab Engineering Private Limited, the Corporate Debtor.
Indian Bank, the Financial Creditor, filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, to initiate CIRP against M/s United Royalfab Engineering Private Limited, the Corporate Debtor.
The Corporate Debtor was granted credit facilities by the Financial Creditor, which were reviewed, renewed, and enhanced from time to time.
The last creditor facilities sanctioned to the Corporate Debtor were sanctioned vide sanction letter dated 20.05.2020, which was duly acknowledged by the Corporate Debtor.
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Last creditor facilities sanctioned to the…
Corporate Debtor executed security documents…
The case involves an application filed by Indian Bank, the Financial Creditor, under Section 7 of the Insolvency and Bankruptcy Code, 2016, seeking initiation of the Corporate Insolvency Resolution Process (CIRP) against M/s United Royalfab Engineering Private Limited, the Corporate Debtor.
Indian Bank, the Financial Creditor, filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, to initiate CIRP against M/s United Royalfab Engineering Private Limited, the Corporate Debtor.
The Corporate Debtor was granted credit facilities by the Financial Creditor, which were reviewed, renewed, and enhanced from time to time.
The last creditor facilities sanctioned to the Corporate Debtor were sanctioned vide sanction letter dated 20.05.2020, which was duly acknowledged by the Corporate Debtor.
…Last creditor facilities sanctioned to the…
Corporate Debtor executed security documents…