The appeal was filed by the appellant against the order dated 08.11.2024 passed by the National Company Law Tribunal, Ahmedabad Bench, which rejected the appellant's petition under Section 9 of the Insolvency and Bankruptcy Code, 2016.
The appellant and the corporate debtor entered into business terms in January 2022.
The appellant supplied goods to the corporate debtor between 13.12.2022 and 18.12.2022, raising invoices amounting to Rs. 17,732,898/-.
The corporate debtor failed to make payments against the invoices, leading to a default.
The appellant issued a notice under Section 8 of the IBC on 17.08.2023, demanding payment of Rs. 17,732,898/- along with interest of Rs. 1,867,637/-.
The corporate debtor replied to the notice on 29.08.2023, raising disputes regarding the quality of the supplied material.
The appellant filed a petition under Section 9 of the IBC, which was dismissed by the Adjudicating Authority.
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Appellant and Corporate…
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The appeal was filed by the appellant against the order dated 08.11.2024 passed by the National Company Law Tribunal, Ahmedabad Bench, which rejected the appellant's petition under Section 9 of the Insolvency and Bankruptcy Code, 2016.
The appellant and the corporate debtor entered into business terms in January 2022.
The appellant supplied goods to the corporate debtor between 13.12.2022 and 18.12.2022, raising invoices amounting to Rs. 17,732,898/-.
The corporate debtor failed to make payments against the invoices, leading to a default.
The appellant issued a notice under Section 8 of the IBC on 17.08.2023, demanding payment of Rs. 17,732,898/- along with interest of Rs. 1,867,637/-.
The corporate debtor replied to the notice on 29.08.2023, raising disputes regarding the quality of the supplied material.
The appellant filed a petition under Section 9 of the IBC, which was dismissed by the Adjudicating Authority.
…Appellant and Corporate…
Start date of the…