Section 9 application under IBC admitted against Trivenimudrai Projects Ltd. as default established

Baij Nath Ram Nath (India) Private Limited Vs Trivenimudrai Projects Limited (NCLT Mumbai) NCLT Mumbai held that application under section 9 of the Insolvency and Bankruptcy Code for initiation of Corporate Insolvency Resolution Process [CIRP] against Corporate Debtor [Trivenimudrai Projects Limited] admitted since debt and default thereon stands established. Facts- This Company Petition was filed on 14.12.2024 u/s. 9 of the Insolvency and Bankruptcy Code, 2016 read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016 by Baij Nath Ram Nath (India) P...