Ashok B. Jiwrajka, Director of Alok Infrastructure Ltd. v. Axis Bank Ltd. (Company Appeal (AT)(Insolvency) No. 683 of 2018)

In this case, Ashok B. Jiwrajka, Director of Alok Infrastructure Ltd. v. Axis Bank Ltd. (Company Appeal (AT)(Insolvency) No. 683 of 2018) CIRP was launched against Alok Industries Ltd. (Holding Company). Subsequently, following a separate complaint submitted by the financial creditor against Alok Infrastructure Ltd. (Subsidiary of Alok Industries Ltd.), Alok Infrastructure Ltd. was admitted to CIRP by order dated 24 October 2018, passed by the NCLT, Bench of Mumbai. 

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