Section 9 application for initiation of CIRP admitted as operational debt and default admitted

Mukeshkumar Shah Vs Synergy Food and Agro Processors Pvt Ltd (NCLT Ahmedabad) NCLT Ahmedabad held that application under section 9 of the Insolvency and Bankruptcy Code [IBC] for initiation of Corporate Insolvency Resolution Process [CIRP] against Synergy Food and Agro Processors Private Limited [Corporate Debtor] admitted as operational debt and default thereon is admitted. Facts- The present application has been filed by the operational creditor viz, Mr. Mukeshkumar Shah Proprietor of M/s Radhey Traders under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) against the Corporate ...