This appeal was filed by a Suspended Director of the Corporate Debtor challenging an order dated November 21, 2024, passed by the Adjudicating Authority (NCLT, Mumbai Bench, Court-II) which admitted a Section 9 application filed by the Operational Creditor.
A Facility Agreement was executed on April 1, 2018, between Sahara Hospitality Limited (Corporate Debtor) and KTR Management Services Private Limited (Operational Creditor) for manpower supply. On June 15, 2019, the Corporate Debtor informed the Operational Creditor via email about deficiencies in services. Subsequently, on July 1, 2019, the Operational Creditor issued a legal notice claiming Rs.10,59,78,114/-, which the Corporate Debtor disputed and denied in its reply on August 21, 2019, citing service deficiencies.
…A Facility Agreement was entered into between…
Corporate Debtor informed Respondent No.1…
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This appeal was filed by a Suspended Director of the Corporate Debtor challenging an order dated November 21, 2024, passed by the Adjudicating Authority (NCLT, Mumbai Bench, Court-II) which admitted a Section 9 application filed by the Operational Creditor.
A Facility Agreement was executed on April 1, 2018, between Sahara Hospitality Limited (Corporate Debtor) and KTR Management Services Private Limited (Operational Creditor) for manpower supply. On June 15, 2019, the Corporate Debtor informed the Operational Creditor via email about deficiencies in services. Subsequently, on July 1, 2019, the Operational Creditor issued a legal notice claiming Rs.10,59,78,114/-, which the Corporate Debtor disputed and denied in its reply on August 21, 2019, citing service deficiencies.
…A Facility Agreement was entered into between…
Corporate Debtor informed Respondent No.1…
Sign in to view related legal provisions.