Bank of Maharashtra filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against M/s. SPD Cold Storage LLP due to default in payment of financial debt.
Bank of Maharashtra filed C.P. (IB) No.371/MB/2025 on 04.03.2025 under Section 7 of the IBC.
The total amount claimed to be in default is Rs. 37,63,63,399.32/- inclusive of interest as on 28.01.2025.
The date of default mentioned in Part-IV is 28.09.2023, which is the date of NPA.
The Corporate Debtor (CD) was granted various facilities vide Sanction Letter No. ZLCC-ZM/CPC-104/2019-20 dated 31.12.2019 and amendment in sanction letter dated 31.12.2019.
The Applicant initiated action under the SARFAESI Act, 2002 and also filed an Original Application No. 165 of 2024 before the Hon'ble DRT, Pune which is pending adjudication.
The date of default was amended by the Applicant in Form 1 as 30.06.2023.
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Bank of Maharashtra…
The Appli…
Bank of Maharashtra filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against M/s. SPD Cold Storage LLP due to default in payment of financial debt.
Bank of Maharashtra filed C.P. (IB) No.371/MB/2025 on 04.03.2025 under Section 7 of the IBC.
The total amount claimed to be in default is Rs. 37,63,63,399.32/- inclusive of interest as on 28.01.2025.
The date of default mentioned in Part-IV is 28.09.2023, which is the date of NPA.
The Corporate Debtor (CD) was granted various facilities vide Sanction Letter No. ZLCC-ZM/CPC-104/2019-20 dated 31.12.2019 and amendment in sanction letter dated 31.12.2019.
The Applicant initiated action under the SARFAESI Act, 2002 and also filed an Original Application No. 165 of 2024 before the Hon'ble DRT, Pune which is pending adjudication.
The date of default was amended by the Applicant in Form 1 as 30.06.2023.
…Bank of Maharashtra…
The Appli…