The Bank of Maharashtra filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) to initiate Corporate Insolvency Resolution Process (CIRP) against Omega Premises Private Limited, the Corporate Debtor.
The Bank of Maharashtra filed a petition under Section 7 of the IBC against Omega Premises Private Limited.
The claimed default amount is Rs 45,41,08,451.8/-.
The date of default is mentioned as 24.06.2015, updated through additional affidavits.
The applicant proposed Mr. Prashant Jain as the Interim Resolution Professional (IRP).
The Respondent is a Corporate Guarantor to Principal Borrower M/s Brainer Impex Limited.
The Financial Creditor extended fund-based credit facilities of Rs.9.75 Crore to the Principle Borrower vide sanction letter dated 04.08.2011.
The account of Principal Borrower was declared as NPA on 28.02.2015.
The Principal Borrower was admitted into CIRP by the Hon'ble NCLT, Mumbai Bench, by Order dated 24.06.2019.
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The Bank of Maharashtra filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) to initiate Corporate Insolvency Resolution Process (CIRP) against Omega Premises Private Limited, the Corporate Debtor.
The Bank of Maharashtra filed a petition under Section 7 of the IBC against Omega Premises Private Limited.
The claimed default amount is Rs 45,41,08,451.8/-.
The date of default is mentioned as 24.06.2015, updated through additional affidavits.
The applicant proposed Mr. Prashant Jain as the Interim Resolution Professional (IRP).
The Respondent is a Corporate Guarantor to Principal Borrower M/s Brainer Impex Limited.
The Financial Creditor extended fund-based credit facilities of Rs.9.75 Crore to the Principle Borrower vide sanction letter dated 04.08.2011.
The account of Principal Borrower was declared as NPA on 28.02.2015.
The Principal Borrower was admitted into CIRP by the Hon'ble NCLT, Mumbai Bench, by Order dated 24.06.2019.
…This C.P. (IB)…
The date of de…