The case involves a petition filed by Omprakash Rohra (Petitioner) against A A Estate Private Limited (Corporate Debtor) under Section 8 and 9 of the Insolvency & Bankruptcy Code, 2016, seeking to initiate the Corporate Insolvency Resolution Process (CIRP). The Petitioner alleges that the Corporate Debtor defaulted on salary payments amounting to Rs. 17,40,375/- as salary and other allowances, along with interest of Rs. 1,83,420/-, totaling Rs. 19,23,795/-, with the default occurring on 10.04.2018. The Petitioner was employed as a Senior Executive - Estimation and Contract, later promoted to Deputy General Manager - Contracts. The Petitioner issued a demand notice on 28.06.2019, which was not responded to by the Corporate Debtor.
Omprakash Rohra (Petitioner) was employed by A A Estate Private Limited (Corporate Debtor) as a Senior Executive - Estimation and Contract on 02.03.2009. He was later promoted to Assistant General Manager - Contracts and then to Deputy General Manager - Contracts. The Corporate Debtor allegedly defaulted on salary payments due to the Petitioner, amounting to Rs. 17,40,375/- plus interest. The default date is stated as 10.04.2018. The Petitioner issued a demand notice on 28.06.2019 under Section 8 of the Insolvency & Bankruptcy Code. The Corporate Debtor claimed the Petitioner was absent from work and left without a resignation letter. However, the Corporate Debtor's letter dated 14.03.2019 acknowledged the Petitioner's employment and outstanding salary since
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Omprakash Rohra joined A A Estate Private…
The Corporate Debtor…
The case involves a petition filed by Omprakash Rohra (Petitioner) against A A Estate Private Limited (Corporate Debtor) under Section 8 and 9 of the Insolvency & Bankruptcy Code, 2016, seeking to initiate the Corporate Insolvency Resolution Process (CIRP). The Petitioner alleges that the Corporate Debtor defaulted on salary payments amounting to Rs. 17,40,375/- as salary and other allowances, along with interest of Rs. 1,83,420/-, totaling Rs. 19,23,795/-, with the default occurring on 10.04.2018. The Petitioner was employed as a Senior Executive - Estimation and Contract, later promoted to Deputy General Manager - Contracts. The Petitioner issued a demand notice on 28.06.2019, which was not responded to by the Corporate Debtor.
Omprakash Rohra (Petitioner) was employed by A A Estate Private Limited (Corporate Debtor) as a Senior Executive - Estimation and Contract on 02.03.2009. He was later promoted to Assistant General Manager - Contracts and then to Deputy General Manager - Contracts. The Corporate Debtor allegedly defaulted on salary payments due to the Petitioner, amounting to Rs. 17,40,375/- plus interest. The default date is stated as 10.04.2018. The Petitioner issued a demand notice on 28.06.2019 under Section 8 of the Insolvency & Bankruptcy Code. The Corporate Debtor claimed the Petitioner was absent from work and left without a resignation letter. However, the Corporate Debtor's letter dated 14.03.2019 acknowledged the Petitioner's employment and outstanding salary since
…Omprakash Rohra joined A A Estate Private…
The Corporate Debtor…