The appeal concerns a Corporate Debtor, a running hotel, where the Operational Creditor provided manpower services. A meeting was held on 06.10.2019 to resolve overdue payments, followed by conciliation in November 2019, noting an amount of Rs.8,22,82,004/-, also claimed in a Demand Notice dated 03.01.2020. A dispute exists between the parties since the service agreement terminated on 26.12.2019.
The Corporate Debtor is a running hotel.
The Operational Creditor provided manpower services to the Corporate Debtor.
A meeting was held on 06.10.2019 to resolve overdue payments to the Operational Creditor.
Conciliation was done in November 2019, noting an amount of Rs.8,22,82,004/-.
A Demand Notice was issued on 03.01.2020.
The service agreement between the parties terminated on 26.12.2019.
The Appellant is ready to deposit the conciliated amount.
The Corporate Debtor is taking steps to restructure dues to Financial Creditors.
Proceedings under Section 230/232 are pending before the NCLT, Mumbai.
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A meeting was held to…
Conciliation was done,…
The appeal concerns a Corporate Debtor, a running hotel, where the Operational Creditor provided manpower services. A meeting was held on 06.10.2019 to resolve overdue payments, followed by conciliation in November 2019, noting an amount of Rs.8,22,82,004/-, also claimed in a Demand Notice dated 03.01.2020. A dispute exists between the parties since the service agreement terminated on 26.12.2019.
The Corporate Debtor is a running hotel.
The Operational Creditor provided manpower services to the Corporate Debtor.
A meeting was held on 06.10.2019 to resolve overdue payments to the Operational Creditor.
Conciliation was done in November 2019, noting an amount of Rs.8,22,82,004/-.
A Demand Notice was issued on 03.01.2020.
The service agreement between the parties terminated on 26.12.2019.
The Appellant is ready to deposit the conciliated amount.
The Corporate Debtor is taking steps to restructure dues to Financial Creditors.
Proceedings under Section 230/232 are pending before the NCLT, Mumbai.
A meeting was held to…
Conciliation was done,…