The case involves an appeal against the Adjudicating Authority's dismissal of an application under Section 9 of the Insolvency and Bankruptcy Code (I&B Code). The appellant, Jindal Steel & Power Ltd., is a tenant of the respondent, DCM International Ltd., the 'Corporate Debtor'. The appellant's claim to be an 'Operational Creditor' was disputed.
Jindal Steel & Power Ltd. (Appellant) is a tenant of DCM International Ltd. (Respondent), the 'Corporate Debtor'. The Appellant filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, claiming to be an 'Operational Creditor'. The Adjudicating Authority dismissed the application. The appellant's claim is based on a Memorandum of Understanding regarding the premises. The appellant has not made any claim in respect of the provisions of the goods or services. The debt claimed does not arise under any law for the time being in force payable to the Central Government or State Government.
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Adjudicating Authority…
The Appellant is…
The case involves an appeal against the Adjudicating Authority's dismissal of an application under Section 9 of the Insolvency and Bankruptcy Code (I&B Code). The appellant, Jindal Steel & Power Ltd., is a tenant of the respondent, DCM International Ltd., the 'Corporate Debtor'. The appellant's claim to be an 'Operational Creditor' was disputed.
Jindal Steel & Power Ltd. (Appellant) is a tenant of DCM International Ltd. (Respondent), the 'Corporate Debtor'. The Appellant filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, claiming to be an 'Operational Creditor'. The Adjudicating Authority dismissed the application. The appellant's claim is based on a Memorandum of Understanding regarding the premises. The appellant has not made any claim in respect of the provisions of the goods or services. The debt claimed does not arise under any law for the time being in force payable to the Central Government or State Government.
Adjudicating Authority…
The Appellant is…