IDBI Trusteeship Services Limited, representing financial creditors, filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) to initiate Corporate Insolvency Resolution Process (CIRP) against Quadrant Televentures Ltd.
The petition was filed under Section 7 of the Insolvency and Bankruptcy Code, 2016.
The petitioner, IDBI Trusteeship Services Limited, represents financial creditors including IDBI, Kotak Mahindra Bank, State Bank of India, and Punjab National Bank.
The total amount of default is Rs. 364,86,48,419.11 as of 26.03.2024, with the date of default stated as 01.08.2017.
A Security Trustee and Agency Agreement was entered into on 04.09.2005 amongst HFCL Infotel Limited and the lenders.
The Corporate Debtor acknowledged its debts in its Annual Report for the financial year 2022-2023.
The Corporate Debtor had acknowledged its debt vide its reply dated 23.12.2019 to the demand notice dated 20.12.2019 sent by the Petitioner.
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A Security Trustee and Agency Agreement was…
The date of de…
IDBI Trusteeship Services Limited, representing financial creditors, filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) to initiate Corporate Insolvency Resolution Process (CIRP) against Quadrant Televentures Ltd.
The petition was filed under Section 7 of the Insolvency and Bankruptcy Code, 2016.
The petitioner, IDBI Trusteeship Services Limited, represents financial creditors including IDBI, Kotak Mahindra Bank, State Bank of India, and Punjab National Bank.
The total amount of default is Rs. 364,86,48,419.11 as of 26.03.2024, with the date of default stated as 01.08.2017.
A Security Trustee and Agency Agreement was entered into on 04.09.2005 amongst HFCL Infotel Limited and the lenders.
The Corporate Debtor acknowledged its debts in its Annual Report for the financial year 2022-2023.
The Corporate Debtor had acknowledged its debt vide its reply dated 23.12.2019 to the demand notice dated 20.12.2019 sent by the Petitioner.
…A Security Trustee and Agency Agreement was…
The date of de…