Central Bank of India, as Financial Creditor, filed a Section 7 application under the IBC, 2016, against M/s. SJ Leasing & Investment Pvt. Ltd., the Corporate Debtor and Corporate Guarantor, for a default of Rs. 312,89,56,823/- as of 04.01.2025. The Corporate Debtor had guaranteed credit facilities extended to M/s C&C Constructions Limited.
Central Bank of India, as Financial Creditor, filed a Section 7 application under the IBC, 2016, against M/s. SJ Leasing & Investment Pvt. Ltd., the Corporate Debtor.
M/s. SJ Leasing & Investment Pvt. Ltd. is the Corporate Debtor and Corporate Guarantor in this case.
The Corporate Debtor defaulted/failed to clear outstanding dues of Rs. 312,89,56,823/- as on 04.01.2025.
The Financial Creditor granted working capital facilities of Rs. 250 Crore to M/s C&C Constructions Limited in 2011 under a consortium arrangement.
M/s. SJ Leasing & Investment Pvt. Ltd. became the Corporate Guarantor to secure the credit facilities granted to M/s C&C Constructions Limited.
Loan and security documents were executed to secure the facilities.
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Financial Creditor granted working capital…
Sanction letter dated 15.12.2011 issued for…
Central Bank of India, as Financial Creditor, filed a Section 7 application under the IBC, 2016, against M/s. SJ Leasing & Investment Pvt. Ltd., the Corporate Debtor and Corporate Guarantor, for a default of Rs. 312,89,56,823/- as of 04.01.2025. The Corporate Debtor had guaranteed credit facilities extended to M/s C&C Constructions Limited.
Central Bank of India, as Financial Creditor, filed a Section 7 application under the IBC, 2016, against M/s. SJ Leasing & Investment Pvt. Ltd., the Corporate Debtor.
M/s. SJ Leasing & Investment Pvt. Ltd. is the Corporate Debtor and Corporate Guarantor in this case.
The Corporate Debtor defaulted/failed to clear outstanding dues of Rs. 312,89,56,823/- as on 04.01.2025.
The Financial Creditor granted working capital facilities of Rs. 250 Crore to M/s C&C Constructions Limited in 2011 under a consortium arrangement.
M/s. SJ Leasing & Investment Pvt. Ltd. became the Corporate Guarantor to secure the credit facilities granted to M/s C&C Constructions Limited.
Loan and security documents were executed to secure the facilities.
…Financial Creditor granted working capital…
Sanction letter dated 15.12.2011 issued for…