The application was filed by Mr. Jagdish Kumar, Liquidator of M/s. B.Y. Agro And Infra Limited (Financial Creditor), under Section 7 of the IBC, 2016, seeking initiation of Corporate Insolvency Resolution Process (CIRP) against M/s. Wardha Mega Food Park Private Limited (Corporate Debtor). The claimed default amount is Rs. 1,48,09,921/-, with the date of default stated as 26.05.2022. The Financial Creditor had advanced an unsecured, interest-free loan to the Corporate Debtor for its working capital requirements. Both companies are sister concerns with common directors and shareholders, making the Corporate Debtor a related party of the Financial Creditor.
C.P. (IB) No. 9 of 2026 (Application) was filed on 26.12.2025 by Mr. Jagdish Kumar, Liquidator of M/s. B.Y. Agro And Infra Limited.
The application seeks initiation of Corporate Insolvency Resolution Process (CIRP) against M/s. Wardha Mega Food Park Private Limited (Corporate Debtor) under Section 7 of the IBC, 2016.
The amount claimed to be in default is Rs.1,48,09,921/-.
The date of default is stated as 26.05.2022.
Mr. Sanjay Shrivastava was proposed as the Interim Resolution Professional (IRP).
M/s. B.Y. Agro and Infra Limited (Applicant/FC) is engaged in agricultural and animal husbandry service activities and processing of frozen vegetables.
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Applicant Company advanced an unsecured loan of…
The loan amou…
The application was filed by Mr. Jagdish Kumar, Liquidator of M/s. B.Y. Agro And Infra Limited (Financial Creditor), under Section 7 of the IBC, 2016, seeking initiation of Corporate Insolvency Resolution Process (CIRP) against M/s. Wardha Mega Food Park Private Limited (Corporate Debtor). The claimed default amount is Rs. 1,48,09,921/-, with the date of default stated as 26.05.2022. The Financial Creditor had advanced an unsecured, interest-free loan to the Corporate Debtor for its working capital requirements. Both companies are sister concerns with common directors and shareholders, making the Corporate Debtor a related party of the Financial Creditor.
C.P. (IB) No. 9 of 2026 (Application) was filed on 26.12.2025 by Mr. Jagdish Kumar, Liquidator of M/s. B.Y. Agro And Infra Limited.
The application seeks initiation of Corporate Insolvency Resolution Process (CIRP) against M/s. Wardha Mega Food Park Private Limited (Corporate Debtor) under Section 7 of the IBC, 2016.
The amount claimed to be in default is Rs.1,48,09,921/-.
The date of default is stated as 26.05.2022.
Mr. Sanjay Shrivastava was proposed as the Interim Resolution Professional (IRP).
M/s. B.Y. Agro and Infra Limited (Applicant/FC) is engaged in agricultural and animal husbandry service activities and processing of frozen vegetables.
…Applicant Company advanced an unsecured loan of…
The loan amou…