Initiation of CIRP ordered as petition filed u/s. 7 of IBC is complete in all respect

Intec Capital Limited Vs SRD Management Company Private Limited (NCLT Delhi) NCLT Delhi ordered initiation of CIRP as petition filed u/s. 7 of the Insolvency and Bankruptcy Code, 2016 by Financial Creditor is complete in all respect and it is clearly established that the Corporate Debtor is in default of a debt more than the minimum amount stipulated u/s. 4 (1) of the Code Facts- This is a Company Petition filed u/s. 7 of the Insolvency and Bankruptcy Code, 2016 by Intec Capital Limited (“Financial Creditor”), seeking to initiate Corporate Insolvency Resolution Process (“CIRP”) against...