The appeal was filed against the order dated 21st February 2022, where the application filed by the appellant under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) was rejected. The rejection was based on the appellant's failure to serve a Demand Notice under Section 8 of the Code and the notices issued by the Adjudicating Authority. The appellant contended that the notice was served via email to the Director of the Corporate Debtor and that the Master Data of the Corporate Debtor was filed with the application.
Sparta Global Projects Pvt. Ltd. filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC). The Adjudicating Authority rejected the application because Sparta Global Projects Pvt. Ltd. failed to serve a Demand Notice under Section 8 of the Code and the notices issued by the Adjudicating Authority. Sparta Global Projects Pvt. Ltd. appealed this decision, arguing that the notice was served via email and that the Master Data of the Corporate Debtor was filed with the application. Notices were issued to KUGD Services Pvt. Ltd., the respondent, and the appellant provided evidence of newspaper publications. KUGD Services Pvt. Ltd. did not appear before the Adjudicating Authority or the Tribunal. The appellant argued that the email ID on which the
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The appeal was filed against the order dated 21st February 2022, where the application filed by the appellant under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) was rejected. The rejection was based on the appellant's failure to serve a Demand Notice under Section 8 of the Code and the notices issued by the Adjudicating Authority. The appellant contended that the notice was served via email to the Director of the Corporate Debtor and that the Master Data of the Corporate Debtor was filed with the application.
Sparta Global Projects Pvt. Ltd. filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC). The Adjudicating Authority rejected the application because Sparta Global Projects Pvt. Ltd. failed to serve a Demand Notice under Section 8 of the Code and the notices issued by the Adjudicating Authority. Sparta Global Projects Pvt. Ltd. appealed this decision, arguing that the notice was served via email and that the Master Data of the Corporate Debtor was filed with the application. Notices were issued to KUGD Services Pvt. Ltd., the respondent, and the appellant provided evidence of newspaper publications. KUGD Services Pvt. Ltd. did not appear before the Adjudicating Authority or the Tribunal. The appellant argued that the email ID on which the
…The Adjudicating Authority passed an order…
Notices were issued to…