The appeal arises from an order dated 18.04.2024 passed by the Adjudicating Authority, National Company Law Tribunal, New Delhi Bench, admitting a Section 9 application filed by Operational Creditor Unox S.p.A against Corporate Debtor Ambro Asia Pvt. Ltd., initiating CIRP.
Unox S.p.A, an Operational Creditor, filed a Section 9 application against Ambro Asia Pvt. Ltd., a Corporate Debtor.
The Adjudicating Authority admitted the Section 9 application, initiating CIRP against Ambro Asia Pvt. Ltd.
Ambro Asia Pvt. Ltd. appealed the Adjudicating Authority's decision, claiming suppression of facts and pre-existing disputes.
An agreement dated 20.02.2017 existed between Ambro Asia S.r.L and Unox S.p.A regarding the sale of ovens.
Ambro Asia Pvt. Ltd. acted as a warehouse and facilitator for the sale of Unox S.p.A's ovens in India.
Six invoices were raised by Unox S.p.A to Ambro Asia Pvt. Ltd. for a total amount of Euro 2,13,584.50.
Part payments were made by Ambro Asia Pvt. Ltd., leaving an outstanding balance of Euro 1,28,204.70.
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Agreement between Ambro…
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The appeal arises from an order dated 18.04.2024 passed by the Adjudicating Authority, National Company Law Tribunal, New Delhi Bench, admitting a Section 9 application filed by Operational Creditor Unox S.p.A against Corporate Debtor Ambro Asia Pvt. Ltd., initiating CIRP.
Unox S.p.A, an Operational Creditor, filed a Section 9 application against Ambro Asia Pvt. Ltd., a Corporate Debtor.
The Adjudicating Authority admitted the Section 9 application, initiating CIRP against Ambro Asia Pvt. Ltd.
Ambro Asia Pvt. Ltd. appealed the Adjudicating Authority's decision, claiming suppression of facts and pre-existing disputes.
An agreement dated 20.02.2017 existed between Ambro Asia S.r.L and Unox S.p.A regarding the sale of ovens.
Ambro Asia Pvt. Ltd. acted as a warehouse and facilitator for the sale of Unox S.p.A's ovens in India.
Six invoices were raised by Unox S.p.A to Ambro Asia Pvt. Ltd. for a total amount of Euro 2,13,584.50.
Part payments were made by Ambro Asia Pvt. Ltd., leaving an outstanding balance of Euro 1,28,204.70.
…Agreement between Ambro…
Operational Creditor…