2018 (4) TMI 1922

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....les, 2016 with such request to trigger the Corporate Insolvency Resolution Process in respect of Maruti Koatsu Cylinders Limited, styling it as 'Corporate Debtor'. 2. The fact of the case as narrated in the part-2, part-4 and 5 of the IB application and are necessary for disposal of the present may be reproduced herein below; PART-II PARTICULARS OF CORPORATE DEBTOR 1. Name of Corporate Debtor Maruti Koatsu Cylinders Limited 2. Identification number of Corporate Debtor U23200GJ1984PLC007064 3. Date of incorporation of corporate debtor 09/07/1984 4.      Nominal share capital and the paid up share capital of the Corporate Debtor And/or details of Guarantee clause as per memorandum of Association (As app....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....15 for total outstanding dues of Rs. 2,33,278/- (Two lakh thirty three thousand two hundred and seventy eight only) which is evident that the Corporate Debtor company has committed default. 5. Since, the Corporate Debtor has failed to make reply to the demand notice. Therefore, it amounts to admission of debts. 6. On perusal of the record the filing of present petition is found to be in order. It meets statutory requirement of section-8 and 9 of the Code, hence, it is found complete and deserve for admission. 7. Consequently, the present petition is admitted for commencement of Corporate Insolvency Resolution Process against the Corporate Debtor Company, M/s. Maruti Koatsu Cylinders Limited. 8. This Adjudicating Authority hereby appoint....