The case involves an appeal against an order dated 11.03.2021 passed by the Adjudicating Authority/National Company Law Tribunal, New Delhi Bench - VI, in CP-846/ND/2018 in CA No. 215 of 2020. The appellants, Gurudeo Exports Corporation Private Limited and others, filed a joint application against the Resolution Professional of Amira Pure Foods Private Limited (Corporate Debtor), seeking the return of rice stock. The Resolution Professional rejected the claims of all four applicants. The appellants claimed that they had oral business agreements with the Corporate Debtor since 01.10.2016, where they purchased rice and delivered it to the Corporate Debtor's manufacturing unit for cleaning, sorting, and packing. The Corporate Debtor was to retain 3% of the rice and return
…Gurudeo Exports Corporation Private Limited, Shree Kalka Global, Neon International Traders, and TLS Mercantile Pvt. Ltd. (the Appellants) claimed ownership of rice stocks held by Amira Pure Foods Private Limited (the Corporate Debtor). The Appellants asserted they had oral agreements with the Corporate Debtor for job work, where they supplied rice for processing and export. The Corporate Debtor was to retain 3% of the rice as job work charges. The Appellants sought the return of their rice after the Corporate Debtor faced insolvency proceedings. The Resolution Professional and later the Liquidator rejected their claims due to lack of verifiable documentation. The Appellants filed a joint application before the Adjudicating Authority (NCLT), which was dismissed. They
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The case involves an appeal against an order dated 11.03.2021 passed by the Adjudicating Authority/National Company Law Tribunal, New Delhi Bench - VI, in CP-846/ND/2018 in CA No. 215 of 2020. The appellants, Gurudeo Exports Corporation Private Limited and others, filed a joint application against the Resolution Professional of Amira Pure Foods Private Limited (Corporate Debtor), seeking the return of rice stock. The Resolution Professional rejected the claims of all four applicants. The appellants claimed that they had oral business agreements with the Corporate Debtor since 01.10.2016, where they purchased rice and delivered it to the Corporate Debtor's manufacturing unit for cleaning, sorting, and packing. The Corporate Debtor was to retain 3% of the rice and return
…Gurudeo Exports Corporation Private Limited, Shree Kalka Global, Neon International Traders, and TLS Mercantile Pvt. Ltd. (the Appellants) claimed ownership of rice stocks held by Amira Pure Foods Private Limited (the Corporate Debtor). The Appellants asserted they had oral agreements with the Corporate Debtor for job work, where they supplied rice for processing and export. The Corporate Debtor was to retain 3% of the rice as job work charges. The Appellants sought the return of their rice after the Corporate Debtor faced insolvency proceedings. The Resolution Professional and later the Liquidator rejected their claims due to lack of verifiable documentation. The Appellants filed a joint application before the Adjudicating Authority (NCLT), which was dismissed. They
…Appellants claim to…
Appellants state that from September 2018,…