Amit Enterprises vs. Urvashi Material Trading Company Pvt. Ltd.
Amit Enterprise, an Operational Creditor, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) against Urvashi Material Trading Company Pvt. Ltd., the Corporate Debtor. The petition sought to initiate Corporate Insolvency Resolution Process (CIRP) due to an alleged default of Rs. 1,07,07,5