Wonderdream Developers Private Limited, the Financial Creditor, filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 for initiating Corporate Insolvency Resolution Process (CIRP) against Findeal Investments Pvt. Ltd., the Corporate Debtor. The application was filed due to a default of Rs. 21,06,19,288/- as on 29.07.2025, with the date of default being 31.12.2024. The Corporate Debtor had approached the Applicant for financial assistance, and a Short-Term Loan Agreement was executed on 15.09.2023.
Wonderdream Developers Private Limited filed C.P. (IB) No.800/MB/2025 on 29.07.2025 under Section 7 of IBC.
The application sought to initiate CIRP against Findeal Investments Pvt. Ltd.
The Corporate Debtor's CIN is U67120MH1995PTC088263.
The Financial Creditor claimed a default of Rs. 21,06,19,288/- as on 29.07.2025.
The date of default was stated as 31.12.2024.
The Applicant proposed Mr. Dharmendra Dhelariya as the Interim Resolution Professional (IRP).
A Short-Term Loan Agreement was executed on 15.09.2023.
The Applicant disbursed Rs. 17,26,00,000/- between 11.10.2023 and 01.02.2024.
The debt carries an interest rate of 15% per annum.
The Corporate Debtor admitted receiving financial assistance.
…Sign in to view the parties.
C.P. (IB) No.800/MB/2025 filed by Wonderdream…
Short-Term Loan…
Sign in to view related legal provisions.
Wonderdream Developers Private Limited, the Financial Creditor, filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 for initiating Corporate Insolvency Resolution Process (CIRP) against Findeal Investments Pvt. Ltd., the Corporate Debtor. The application was filed due to a default of Rs. 21,06,19,288/- as on 29.07.2025, with the date of default being 31.12.2024. The Corporate Debtor had approached the Applicant for financial assistance, and a Short-Term Loan Agreement was executed on 15.09.2023.
Wonderdream Developers Private Limited filed C.P. (IB) No.800/MB/2025 on 29.07.2025 under Section 7 of IBC.
The application sought to initiate CIRP against Findeal Investments Pvt. Ltd.
The Corporate Debtor's CIN is U67120MH1995PTC088263.
The Financial Creditor claimed a default of Rs. 21,06,19,288/- as on 29.07.2025.
The date of default was stated as 31.12.2024.
The Applicant proposed Mr. Dharmendra Dhelariya as the Interim Resolution Professional (IRP).
A Short-Term Loan Agreement was executed on 15.09.2023.
The Applicant disbursed Rs. 17,26,00,000/- between 11.10.2023 and 01.02.2024.
The debt carries an interest rate of 15% per annum.
The Corporate Debtor admitted receiving financial assistance.
…C.P. (IB) No.800/MB/2025 filed by Wonderdream…
Short-Term Loan…
Sign in to view related legal provisions.