Monte Bianco Diamond Tools Pvt. Ltd. filed a petition under Section 9 of the IBC against Adison Granito Private Limited for default in payment of operational debt amounting to Rs. 1,68,87,832/- arising from the supply of polishing abrasive and diamond squaring wheels.
The petition was filed on 28.03.2025 by Monte Bianco Diamond Tools Pvt. Ltd., an Operational Creditor, against Adison Granito Private Limited, a Corporate Debtor.
The operational debt claimed is Rs. 1,68,87,832/- arising from the supply of polishing abrasive and diamond squaring wheels.
The Corporate Debtor was incorporated on 26.01.2016 under the Companies Act, 2013.
The Operational Creditor was incorporated on 09.08.2010 under the Companies Act, 1956.
The Operational Creditor proposed Mr. Tejas K. Shah as the Interim Resolution Professional (IRP).
The date of default is stated as 23.09.2021, corresponding to the first unpaid invoice.
A demand notice was issued on 03.02.2024, but no reply or payment was received.
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Petition filed by Monte Bianco Diamond Tools…
An opportunity was granted to file an amended…
Monte Bianco Diamond Tools Pvt. Ltd. filed a petition under Section 9 of the IBC against Adison Granito Private Limited for default in payment of operational debt amounting to Rs. 1,68,87,832/- arising from the supply of polishing abrasive and diamond squaring wheels.
The petition was filed on 28.03.2025 by Monte Bianco Diamond Tools Pvt. Ltd., an Operational Creditor, against Adison Granito Private Limited, a Corporate Debtor.
The operational debt claimed is Rs. 1,68,87,832/- arising from the supply of polishing abrasive and diamond squaring wheels.
The Corporate Debtor was incorporated on 26.01.2016 under the Companies Act, 2013.
The Operational Creditor was incorporated on 09.08.2010 under the Companies Act, 1956.
The Operational Creditor proposed Mr. Tejas K. Shah as the Interim Resolution Professional (IRP).
The date of default is stated as 23.09.2021, corresponding to the first unpaid invoice.
A demand notice was issued on 03.02.2024, but no reply or payment was received.
…Petition filed by Monte Bianco Diamond Tools…
An opportunity was granted to file an amended…