Bank of Maharashtra, a Financial Creditor, filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) against Pooja Diam LLP, the Corporate Debtor, seeking to initiate the Corporate Insolvency Resolution Process (CIRP). Pooja Diam LLP, formerly M/s. Pooja Exports, is engaged in the business of manufacturing and trading diamonds, precious stones, and jewellery. The Corporate Debtor had availed various credit facilities from a consortium of banks, led by Canara Bank, with Bank of Maharashtra being one of the lenders. The Corporate Debtor defaulted on its loan obligations, leading to its accounts being classified as Non-Performing Assets (NPAs) by the Applicant on September 29, 2021. The total amount claimed in default by the Applicant is Rs.
…Bank of Maharashtra, the Applicant (Financial Creditor), filed an application bearing C.P.(IB) No.126/MB/2026 under Section 7 of the IBC.
The application was filed on January 9, 2026.
Pooja Diam LLP, the Corporate Debtor, was formerly M/s. Pooja Exports, a partnership firm, and converted into a limited liability partnership on September 27, 2019.
Pooja Diam LLP is engaged in the business of manufacturing and trading of diamonds, precious stones, and jewellery.
Mr. Dipak Kumar, Branch Manager, is the authorized representative of Bank of Maharashtra for initiating CIRP.
The Applicant proposed Mr. Anil Kashi Drolia to act as an Interim Resolution Professional (IRP), whose AFA is valid till June 30, 2027.
The amount claimed to be in default by the Applicant is Rs. 61,30,58,044/-.
…Sign in to view the parties.
Authority Letter issued to Mr. Dipak Kumar,…
Application C.P.(IB) No.126/MB/2026 filed by…
Bank of Maharashtra, a Financial Creditor, filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) against Pooja Diam LLP, the Corporate Debtor, seeking to initiate the Corporate Insolvency Resolution Process (CIRP). Pooja Diam LLP, formerly M/s. Pooja Exports, is engaged in the business of manufacturing and trading diamonds, precious stones, and jewellery. The Corporate Debtor had availed various credit facilities from a consortium of banks, led by Canara Bank, with Bank of Maharashtra being one of the lenders. The Corporate Debtor defaulted on its loan obligations, leading to its accounts being classified as Non-Performing Assets (NPAs) by the Applicant on September 29, 2021. The total amount claimed in default by the Applicant is Rs.
…Bank of Maharashtra, the Applicant (Financial Creditor), filed an application bearing C.P.(IB) No.126/MB/2026 under Section 7 of the IBC.
The application was filed on January 9, 2026.
Pooja Diam LLP, the Corporate Debtor, was formerly M/s. Pooja Exports, a partnership firm, and converted into a limited liability partnership on September 27, 2019.
Pooja Diam LLP is engaged in the business of manufacturing and trading of diamonds, precious stones, and jewellery.
Mr. Dipak Kumar, Branch Manager, is the authorized representative of Bank of Maharashtra for initiating CIRP.
The Applicant proposed Mr. Anil Kashi Drolia to act as an Interim Resolution Professional (IRP), whose AFA is valid till June 30, 2027.
The amount claimed to be in default by the Applicant is Rs. 61,30,58,044/-.
…Authority Letter issued to Mr. Dipak Kumar,…
Application C.P.(IB) No.126/MB/2026 filed by…