This appeal was filed by Aditya Raheja, Director of GStaad Hotels Private Limited (Corporate Debtor), against an order dated April 26, 2018, passed by the Adjudicating Authority (National Company Law Tribunal), Mumbai Bench. The order admitted an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, filed by Heritage Marble Private Limited (Operational Creditor). The appellant challenged the admission of the application, arguing that the claim was based on disputed documents.
The case involves an appeal against the admission of an application under Section 9 of the Insolvency and Bankruptcy Code, 2016. The appellant, Aditya Raheja, is the Director of GStaad Hotels Private Limited (Corporate Debtor). The respondent, Heritage Marble Private Limited (Operational Creditor), filed the application based on an alleged debt. A key fact is the dispute over invoice no. 568 dated 12.02.2013. The respondent claimed this invoice was issued to the corporate debtor for Rs.21,00,003/-, but another invoice with the same number and date was issued to M/s Pebble Bay Developers Pvt. Ltd., a sister concern of the corporate debtor. This discrepancy raised doubts about the validity of the debt and the maintainability of the application under Section 9. The
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This appeal was filed by Aditya Raheja, Director of GStaad Hotels Private Limited (Corporate Debtor), against an order dated April 26, 2018, passed by the Adjudicating Authority (National Company Law Tribunal), Mumbai Bench. The order admitted an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, filed by Heritage Marble Private Limited (Operational Creditor). The appellant challenged the admission of the application, arguing that the claim was based on disputed documents.
The case involves an appeal against the admission of an application under Section 9 of the Insolvency and Bankruptcy Code, 2016. The appellant, Aditya Raheja, is the Director of GStaad Hotels Private Limited (Corporate Debtor). The respondent, Heritage Marble Private Limited (Operational Creditor), filed the application based on an alleged debt. A key fact is the dispute over invoice no. 568 dated 12.02.2013. The respondent claimed this invoice was issued to the corporate debtor for Rs.21,00,003/-, but another invoice with the same number and date was issued to M/s Pebble Bay Developers Pvt. Ltd., a sister concern of the corporate debtor. This discrepancy raised doubts about the validity of the debt and the maintainability of the application under Section 9. The
…The Adjudicating Authority (National Company Law…
The case was taken up…