AdvertisementVensysco Technologies Ltd. Vs Sai Educare Private Ltd. (NCLT Jaipur) M/s Vensysco Technologies Limited filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 seeking initiation of the Corporate Insolvency Resolution Process (CIRP) against M/s Sai Educare Private Limited for an alleged operational debt of ₹12,09,29,629.70, comprising principal dues of ₹10,89,71,374 and interest of ₹1,19,58,254.70 at 18% per annum. The Operational Creditor stated that the parties had entered into an MOU dated 1 April 2022 for providing examination-related infrastructure and manpower s...