Resipol Adhesives Pvt. Ltd, an operational creditor, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Status Seramik India Pvt. Ltd, the corporate debtor, for default in payment of operational debt amounting to Rs. 1,42,15,888/-.
Resipol Adhesives Pvt. Ltd. filed a petition under Section 9 of the IBC against Status Seramik India Pvt. Ltd. for default in payment of Rs. 1,42,15,888/-.
The Operational Creditor and Corporate Debtor maintained open and mutual accounts.
The Corporate Debtor placed orders for resin clear since October 2023 and made payments regularly until invoice number RAPL/1568/23-24 dated 29.02.2024.
The Applicant issued a Legal Demand Notice dated 06.11.2024 for outstanding dues of Rs.1,02,01,513/-, which was replied to by the Corporate Debtor on 13.11.2024 alleging defective quality of material.
…Sign in to view the parties.
The Company Petition was filed on 03.12.2025…
The date of de…
Resipol Adhesives Pvt. Ltd, an operational creditor, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Status Seramik India Pvt. Ltd, the corporate debtor, for default in payment of operational debt amounting to Rs. 1,42,15,888/-.
Resipol Adhesives Pvt. Ltd. filed a petition under Section 9 of the IBC against Status Seramik India Pvt. Ltd. for default in payment of Rs. 1,42,15,888/-.
The Operational Creditor and Corporate Debtor maintained open and mutual accounts.
The Corporate Debtor placed orders for resin clear since October 2023 and made payments regularly until invoice number RAPL/1568/23-24 dated 29.02.2024.
The Applicant issued a Legal Demand Notice dated 06.11.2024 for outstanding dues of Rs.1,02,01,513/-, which was replied to by the Corporate Debtor on 13.11.2024 alleging defective quality of material.
…The Company Petition was filed on 03.12.2025…
The date of de…