A loan agreement was entered into between the appellant and the respondent on 27.02.2015, providing a term loan facility of Rs. 30 crores. The loan was secured by a pledge of 8,10,804 shares of Adhunik Metaliks Ltd. The respondent's account was declared a Non-Performing Asset (NPA) on 01.03.2018. The appellant filed a Section 7 IBC application on 15.01.2024.
A loan agreement was entered into between IL & FS Financial Services Limited and Adhunik Meghalaya Steels Private Limited on 27.02.2015 for a term loan facility of Rs. 30 crores.
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A loan agreement was entered into between IL &…
Adhunik Meghalaya Steels Private Limited's…
A loan agreement was entered into between the appellant and the respondent on 27.02.2015, providing a term loan facility of Rs. 30 crores. The loan was secured by a pledge of 8,10,804 shares of Adhunik Metaliks Ltd. The respondent's account was declared a Non-Performing Asset (NPA) on 01.03.2018. The appellant filed a Section 7 IBC application on 15.01.2024.
A loan agreement was entered into between IL & FS Financial Services Limited and Adhunik Meghalaya Steels Private Limited on 27.02.2015 for a term loan facility of Rs. 30 crores.
A loan agreement was entered into between IL &…
Adhunik Meghalaya Steels Private Limited's…