2017 (8) TMI 507

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....6 for initiation of Corporate Insolvency Resolution Process. Previously this Debtor Company was before BIFR bearing reference Nos.473/2010 and 16/2010. Thereafter, the Company was also before AAIFR bearing appeal Nos.125/2010 and 10/2011. This Petition was filed by the Company on 21.5.2017. 2. The Corporate Debtor says that its registered office is at 501, Sangli Bank Building, 296, Perin Nariman St, Mumbai - 400 001, incorporated on 18th February, 1982 vide CIN - L99999MH1982PLCO26369 on the file of Registrar of Companies Maharashtra, having Authorised share capital of Rs. 60 crores and paid up share capital of Rs. 27,94,37,234. 3. The Board of Directors of the Corporate Debtor in their meeting held on 15.05.2017 authorised Shri Kish....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ncial statement up to 17.05.2017. A list of assets and liabilities of the Corporate Debtor as on 17.05.2017 is also enclosed with the application. The Corporate Debtor also enclosed the list of Financial Creditors and Operational Creditors as on 17.05.2017. The Corporate Debtor has disclosed the particulars of debt owed by the Corporate Debtor to or by persons connected with it, the name and the address of the members of the Corporate Debtor with the details of their shareholdings, details of personal guarantees and the affidavit in support of the petition. 8. On reading the petition and the supporting documents annexed with the petition, this Bench is of the view that the corporate debtor has committed default and the petition contains ....