The case involves a petition filed by Karban Traders, the Financial Creditor, under Section 7 of the Insolvency and Bankruptcy Code, 2016, seeking initiation of Corporate Insolvency Resolution Process (CIRP) against Rajdeep Distributors Private Limited, the Corporate Debtor.
Karban Traders filed a Company Petition under Section 7 of the Insolvency & Bankruptcy Code, 2016, seeking initiation of CIRP against Rajdeep Distributors Private Limited.
The Corporate Debtor was incorporated on 10.06.1996 under the Companies Act, 1956.
The total amount of debt alleged to be in default is Rs. 11,25,63,661/-.
The date of default is 01.10.2020 for an amount of Rs. 95,00,000/- and 01.10.2021 for an amount of Rs. 6,71,08,144/-.
The Corporate Debtor admitted to the debt and default in its Affidavit in Reply.
Mr. Arun Nandlal Agrawal was proposed as the Interim Resolution Professional (IRP).
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Order sheet…
Date of default is…
The case involves a petition filed by Karban Traders, the Financial Creditor, under Section 7 of the Insolvency and Bankruptcy Code, 2016, seeking initiation of Corporate Insolvency Resolution Process (CIRP) against Rajdeep Distributors Private Limited, the Corporate Debtor.
Karban Traders filed a Company Petition under Section 7 of the Insolvency & Bankruptcy Code, 2016, seeking initiation of CIRP against Rajdeep Distributors Private Limited.
The Corporate Debtor was incorporated on 10.06.1996 under the Companies Act, 1956.
The total amount of debt alleged to be in default is Rs. 11,25,63,661/-.
The date of default is 01.10.2020 for an amount of Rs. 95,00,000/- and 01.10.2021 for an amount of Rs. 6,71,08,144/-.
The Corporate Debtor admitted to the debt and default in its Affidavit in Reply.
Mr. Arun Nandlal Agrawal was proposed as the Interim Resolution Professional (IRP).
Order sheet…
Date of default is…