The application was filed under Section 7 of the IBC, 2016, read with Rule 4 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, by Mr. Gyan Chandra Misra, Resolution Professional of Mascot Soho Homes Private Limited (now known as Tresco Homes Private Limited), for initiating CIRP against Soho Limited, the Corporate Debtor, for an alleged default amount of Rs. 5,59,24,992/-.
Mr. Gyan Chandra Misra, Resolution Professional of Mascot Soho Homes Private Limited, filed an application under Section 7 of the IBC, 2016, to initiate CIRP against Soho Limited.
The alleged default amount is Rs. 5,59,24,992/-, with the date of default being 21/11/2017.
The Corporate Debtor is registered with the Registrar of Companies, Delhi and Haryana.
The Corporate Debtor was a shareholder of the Financial Creditor/Applicant, having 34% of shareholding during FY 2012-2013.
The Financial Creditor/Applicant received a loan from the Corporate Debtor amounting to Rs. 9,62,27,672/-, out of which Rs. 2,45,00,000/- was repaid.
The Corporate Debtor's name underwent several changes from 2008 to 2016.
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The date of default in…
The present Application under Section 7 of the…
The application was filed under Section 7 of the IBC, 2016, read with Rule 4 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, by Mr. Gyan Chandra Misra, Resolution Professional of Mascot Soho Homes Private Limited (now known as Tresco Homes Private Limited), for initiating CIRP against Soho Limited, the Corporate Debtor, for an alleged default amount of Rs. 5,59,24,992/-.
Mr. Gyan Chandra Misra, Resolution Professional of Mascot Soho Homes Private Limited, filed an application under Section 7 of the IBC, 2016, to initiate CIRP against Soho Limited.
The alleged default amount is Rs. 5,59,24,992/-, with the date of default being 21/11/2017.
The Corporate Debtor is registered with the Registrar of Companies, Delhi and Haryana.
The Corporate Debtor was a shareholder of the Financial Creditor/Applicant, having 34% of shareholding during FY 2012-2013.
The Financial Creditor/Applicant received a loan from the Corporate Debtor amounting to Rs. 9,62,27,672/-, out of which Rs. 2,45,00,000/- was repaid.
The Corporate Debtor's name underwent several changes from 2008 to 2016.
…The date of default in…
The present Application under Section 7 of the…