RBI Files Application for Initiation of CIRP Against ‘Aviom India Housing Finance Pvt. Ltd’ Under IBC on Jan 30, 2025
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- By Chetan Kulasri
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- Last Updated on 31 January, 2025
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Press Release: 2024-2025/2038; Dated: 30.01.2025
RBI has filed an application for initiation of CIRP against ‘Aviom India Housing Finance Pvt. Ltd’ under IBC read with Financial Service Providers Insolvency Rules, 2019 at the New Delhi Bench of the Hon’ble National Company Law Tribunal. As per the rules, an interim moratorium must commence on and from the date of filing of the application till its admission or rejection. The RBI took this action due to governance issues and payment defaults.
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