The appeal was filed against the order dated March 10, 2022, by which the application filed by the Operational Creditor under Section 9 of the Insolvency and Bankruptcy Code, 2016, was admitted. The appellant disputed the amount claimed by the Operational Creditor, stating that the admitted amount was only Rs. 3,10,789/- and that the debit note claimed by the Operational Creditor was never admitted. The appellant also claimed that there was no service of notice under Section 8 of the Code.
Pankaj Agarwal (Appellant) filed an appeal against the order dated March 10, 2022, by which the Adjudicating Authority admitted the application filed by H.V.R. Industries Pvt. Ltd. & Anr. (Operational Creditor/Respondent) under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Appellant disputed the amount claimed by the Operational Creditor, stating that the admitted amount was only Rs. 3,10,789/- and that the debit note claimed by the Operational Creditor was never admitted. The Appellant also claimed that there was no service of notice under Section 8 of the Code. The Adjudicating Authority relied on the fact that 'Debt' and 'Default' were admitted by the Appellant and that the debt was more than the threshold. The Appellant submitted that he is ready
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Order passed by the Adjudicating Authority…
Appeal filed by the…
The appeal was filed against the order dated March 10, 2022, by which the application filed by the Operational Creditor under Section 9 of the Insolvency and Bankruptcy Code, 2016, was admitted. The appellant disputed the amount claimed by the Operational Creditor, stating that the admitted amount was only Rs. 3,10,789/- and that the debit note claimed by the Operational Creditor was never admitted. The appellant also claimed that there was no service of notice under Section 8 of the Code.
Pankaj Agarwal (Appellant) filed an appeal against the order dated March 10, 2022, by which the Adjudicating Authority admitted the application filed by H.V.R. Industries Pvt. Ltd. & Anr. (Operational Creditor/Respondent) under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Appellant disputed the amount claimed by the Operational Creditor, stating that the admitted amount was only Rs. 3,10,789/- and that the debit note claimed by the Operational Creditor was never admitted. The Appellant also claimed that there was no service of notice under Section 8 of the Code. The Adjudicating Authority relied on the fact that 'Debt' and 'Default' were admitted by the Appellant and that the debt was more than the threshold. The Appellant submitted that he is ready
…Order passed by the Adjudicating Authority…
Appeal filed by the…