Tag: aviva
Corporate Insolvency Resolution Process (CIRP) initiated against Aviva Life Insurance
In an order dated November 9, 2019, passed by the National Company Law Tribunal (NCLT), Bankruptcy proceedings have been initiated against the first financial company named Aviva Life Insurance Co. Ltd India. Insolvency proceeding initiated after the company was not paying the car parking, license fees, service charge or other maintenance charge and service tax to Apeejay Trust (Mumbai based). Aviva took office space at Apeejay Express located in Vashi, Mumbai in the year 2008 in June and owed an amount of Rs. 27,67,203 to Apeejay.
