The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor, M/s Vidharva Trading Pvt. Ltd., pursuant to an application filed by the Operational Creditor, M/s. Montage Enterprises Pvt Ltd. The Corporate Debtor subsequently proceeded into liquidation, with the Liquidation Commencement Date (LCD) being 30.05.2023.
CIRP was initiated against M/s Vidharva Trading Pvt. Ltd. based on an application by M/s. Montage Enterprises Pvt Ltd.
The Corporate Debtor proceeded into liquidation with the Liquidation Commencement Date (LCD) being 30.05.2023.
The total amount of claim filed by the Creditors of the Corporate Debtor was Rs. 41,14,77,820.40/-.
The Resolution Professional admitted a claim of Rs 39,53,50,888/- and about Rs.1,61,26,932.40/- was under verification.
The Liquidator submitted different figures in the Dissolution Application regarding the amount of claim.
The value of the amount claimed in the Dissolution Application is stated as Rs.152,96,14,943.40/- and the value of the amount admitted is mentioned as Rs. 139,29,94,828.40/-.
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The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor, M/s Vidharva Trading Pvt. Ltd., pursuant to an application filed by the Operational Creditor, M/s. Montage Enterprises Pvt Ltd. The Corporate Debtor subsequently proceeded into liquidation, with the Liquidation Commencement Date (LCD) being 30.05.2023.
CIRP was initiated against M/s Vidharva Trading Pvt. Ltd. based on an application by M/s. Montage Enterprises Pvt Ltd.
The Corporate Debtor proceeded into liquidation with the Liquidation Commencement Date (LCD) being 30.05.2023.
The total amount of claim filed by the Creditors of the Corporate Debtor was Rs. 41,14,77,820.40/-.
The Resolution Professional admitted a claim of Rs 39,53,50,888/- and about Rs.1,61,26,932.40/- was under verification.
The Liquidator submitted different figures in the Dissolution Application regarding the amount of claim.
The value of the amount claimed in the Dissolution Application is stated as Rs.152,96,14,943.40/- and the value of the amount admitted is mentioned as Rs. 139,29,94,828.40/-.
…The Corporate…
Order pronounced by the…
Sign in to view related legal provisions.