FACTS OF THE CASE
The Appellant/Corporate Debtor, Doshion Private Limited had obtained financial assistance for an amount to Rs. 32.70 Crores from the IDBI Bank Ltd and the Consortium of various banks. The Respondent/Financial Creditor was a leading bank in the Consortium.
On 29.10.2015, the account of the Corporate Debtor was declared as a NonPerforming Asset. A petition was filled by the Financial Creditor after 3 years of NPA classification on 19.12.2018, under Section 7 of the Insolvency and Bankruptcy Code, 2016 ("IBC"), wherein seeking initiation of Corporate Insolvency Resolution Process initiated against the Corporate Debtor.
هذه القصة مأخوذة من طبعة November 15, 2022 من The Daily Guardian.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة November 15, 2022 من The Daily Guardian.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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