ORDER

PER: MAHENDRA KHANDELWAL, MEMBER (JUDICIAL)

1. This is a Company Petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (‘the Code’) read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016 by M/s Ashoka Creations Limited (‘Operational Creditor’) for initiation of Corporate Insolvency Resolution Process (‘CIRP’) against M/s Lykos India Private Limited (‘Corporate Debtor’).

2. M/s Ashoka Creations Limited (Operational Creditor) is a company registered under the Companies Act, 1956 [CIN- U51909WB1988PLC045388, having its registered office at 204 Eastern Building, 19 R N Mukherjee Road, Kolkata, West Bengal - 700001. M/s Lykos India Private Limited (Corporate Debtor) is a company registered under the Companies Act, 1956 [CIN- U51101DL2013PTC262458], having its registered office at D-64, Defense Colony, New Delhi – 110024. The Corporate Debtor has Authorized Share Capital of Rs. 3,50,00,000 (Rupees Three Crore Fifty Lacs) and Paid-Up Share Capital of Rs. 3,45,77,800 (Rupees Three Crore Forty-five Lacs Seventy-seven Thousand Eight Hundred).

3. The present Petition was filed on 04.03.2020 before this Adjudicating Author