The Operational Creditor/Applicant, M/s C.S Construction Co. Pvt. Ltd., filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor, Sampoorn IAS Academy Pvt. Ltd., for defaulting on payment of total amount of Rs. 3,25,02,092.88.
M/s C.S Construction Co. Pvt. Ltd. filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate CIRP against Sampoorn IAS Academy Pvt. Ltd.
The Operational Creditor claimed a default of Rs. 3,25,02,092.88 by the Corporate Debtor.
The Corporate Debtor, Sampoorn IAS Academy Pvt. Ltd., was incorporated on 06.08.2020.
The debt arose from lease agreements between C.S. Construction Co. Pvt. Ltd. and Chanakya Academy for Education and Training Pvt. Ltd.
A Memorandum of Understanding (MoU) was executed on 26.02.2021 between Chanakya Academy, the Corporate Debtor, and the Operational Creditor regarding outstanding rental dues.
…Sign in to view the parties.
Order delive…
Memorandum of Understanding (‘MoU’) was…
The Operational Creditor/Applicant, M/s C.S Construction Co. Pvt. Ltd., filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor, Sampoorn IAS Academy Pvt. Ltd., for defaulting on payment of total amount of Rs. 3,25,02,092.88.
M/s C.S Construction Co. Pvt. Ltd. filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate CIRP against Sampoorn IAS Academy Pvt. Ltd.
The Operational Creditor claimed a default of Rs. 3,25,02,092.88 by the Corporate Debtor.
The Corporate Debtor, Sampoorn IAS Academy Pvt. Ltd., was incorporated on 06.08.2020.
The debt arose from lease agreements between C.S. Construction Co. Pvt. Ltd. and Chanakya Academy for Education and Training Pvt. Ltd.
A Memorandum of Understanding (MoU) was executed on 26.02.2021 between Chanakya Academy, the Corporate Debtor, and the Operational Creditor regarding outstanding rental dues.
…Order delive…
Memorandum of Understanding (‘MoU’) was…