Central Bank of India filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, against Zenith Erectors P.LTD to initiate a corporate insolvency resolution process.
Central Bank of India filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, against Zenith Erectors P.LTD.
Zenith Erectors Private Limited was incorporated on July 22, 1998, and is involved in the manufacture of structural metal products, tanks, reservoirs, and steam generators.
The Financial Creditor (FC) sanctioned credit limits initially in 2001, which were lastly enhanced on 21.12.2012.
The account of the Corporate Debtor (CD) became irregular and was treated as a Special Mention Account (SMA 0) on 06.03.2013 and was classified as Non-Performing Asset on 04.06.2013.
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Central Bank of India filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, against Zenith Erectors P.LTD to initiate a corporate insolvency resolution process.
Central Bank of India filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, against Zenith Erectors P.LTD.
Zenith Erectors Private Limited was incorporated on July 22, 1998, and is involved in the manufacture of structural metal products, tanks, reservoirs, and steam generators.
The Financial Creditor (FC) sanctioned credit limits initially in 2001, which were lastly enhanced on 21.12.2012.
The account of the Corporate Debtor (CD) became irregular and was treated as a Special Mention Account (SMA 0) on 06.03.2013 and was classified as Non-Performing Asset on 04.06.2013.
…Order was pronounced on…
Matter posted on…