Satra Property Developers Private Limited, a company incorporated under the provisions of the Companies Act, 1956 having its registered office at Mumbai in the state of Maharashtra, India was incorporated on May 01, 2000. The company is mainly in the business of Builders and Real Estate Developers in the Mumbai.

Present Board Composition of Corporate Debtor Satra Property Developers Private Limited is Mr. Rajen Vasant Dhruv, Mr. Hiren Vasantkumar Dhruv and Mr. Narendra Kumar.

Gajendra Investments Limited on default of payment obligation by Satra Property Developers Private Limited filed an application with Hon’ble National Company Law Tribunal, Mumbai Bench under Section 7 of Insolvency Bankruptcy Code 2016. Hon’ble National Company Law Tribunal, Mumbai Bench vide its order no. CP (IB) 4464/MB/2019 dated August 10, 2020, admitted the application for initiation of Corporate Insolvency Resolution Process (CIRP) and appointed Mr. Devarajan Raman to act as an Interim Resolution Professional for the corporate debtor. Further Mr. Jayesh Natvarlal Sanghrajka was unanimously appointed as a Resolution Professional to conduct the CIRP during the 1st meeting of Committee of creditors.