The appeal was filed by Puneet Kumar against the order dated 13.10.2021 passed by the Adjudicating Authority (NCLT, New Delhi) admitting a Section 9 application filed by Computer Junction Pvt. Ltd. (CJPL) against Nysa Communications Pvt. Ltd. (NCPL).
A Facilities Agreement was signed between Computer Junction Pvt. Ltd. and Nysa Communication Pvt. Ltd. effective from 25.05.2018.
ICAR terminated the contract with NCPL vide letter dated 30.07.2018 and forfeited performance security of Rs. 35.00 Lakhs.
The Operational Creditor/CJPL sent a demand notice under Section 8 of IBC on 23.12.2019.
The Corporate Debtor replied to the demand notice vide letter dated 15.01.2020.
The Operational Creditor filed an application under Section 9 against the Corporate Debtor which was admitted vide order dated 13.10.2021.
The Adjudicating Authority ordered that the Respondent be proceeded ex-parte on 06.09.2021.
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Facilities Agreement signed between Computer…
ICAR terminat…
The appeal was filed by Puneet Kumar against the order dated 13.10.2021 passed by the Adjudicating Authority (NCLT, New Delhi) admitting a Section 9 application filed by Computer Junction Pvt. Ltd. (CJPL) against Nysa Communications Pvt. Ltd. (NCPL).
A Facilities Agreement was signed between Computer Junction Pvt. Ltd. and Nysa Communication Pvt. Ltd. effective from 25.05.2018.
ICAR terminated the contract with NCPL vide letter dated 30.07.2018 and forfeited performance security of Rs. 35.00 Lakhs.
The Operational Creditor/CJPL sent a demand notice under Section 8 of IBC on 23.12.2019.
The Corporate Debtor replied to the demand notice vide letter dated 15.01.2020.
The Operational Creditor filed an application under Section 9 against the Corporate Debtor which was admitted vide order dated 13.10.2021.
The Adjudicating Authority ordered that the Respondent be proceeded ex-parte on 06.09.2021.
…Facilities Agreement signed between Computer…
ICAR terminat…