The case involves an application filed by Smart Info Solution, a proprietorship firm, against Airlink Teleinfra LLP, a limited liability partnership, under Section 9 of the Insolvency and Bankruptcy Code, 2016, read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016. Smart Info Solution, engaged in the business of supplying broadband cables, claimed that Airlink Teleinfra LLP was indebted to them for a total sum of Rs. 68,96,317/-, including an interest amount of Rs. 10,61,342/-, against forty invoices raised for goods supplied between 21.02.2018 and 14.08.2018. The applicant contended that despite repeated reminders, the respondent failed to clear the outstanding operational debt, leading to the issuance of a demand notice
…Smart Info Solution, a proprietorship firm engaged in supplying broadband cables, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 against Airlink Teleinfra LLP. The applicant claimed that the respondent owed a total sum of Rs. 68,96,317/-, which included an interest amount of Rs. 10,61,342/-, against forty invoices raised for goods supplied between 21.02.2018 and 14.08.2018. The invoices were allegedly payable 75 days from the date of the invoice, according to the purchase orders. The applicant submitted documents including a demand notice dated 24.05.2019, delivery reports, bank statements, ledger accounts, invoices, delivery challans, and a working computation of the claim amount. The respondent, Airlink Teleinfra LLP, a limited
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Airlink Teleinfra LLP…
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The case involves an application filed by Smart Info Solution, a proprietorship firm, against Airlink Teleinfra LLP, a limited liability partnership, under Section 9 of the Insolvency and Bankruptcy Code, 2016, read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016. Smart Info Solution, engaged in the business of supplying broadband cables, claimed that Airlink Teleinfra LLP was indebted to them for a total sum of Rs. 68,96,317/-, including an interest amount of Rs. 10,61,342/-, against forty invoices raised for goods supplied between 21.02.2018 and 14.08.2018. The applicant contended that despite repeated reminders, the respondent failed to clear the outstanding operational debt, leading to the issuance of a demand notice
…Smart Info Solution, a proprietorship firm engaged in supplying broadband cables, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 against Airlink Teleinfra LLP. The applicant claimed that the respondent owed a total sum of Rs. 68,96,317/-, which included an interest amount of Rs. 10,61,342/-, against forty invoices raised for goods supplied between 21.02.2018 and 14.08.2018. The invoices were allegedly payable 75 days from the date of the invoice, according to the purchase orders. The applicant submitted documents including a demand notice dated 24.05.2019, delivery reports, bank statements, ledger accounts, invoices, delivery challans, and a working computation of the claim amount. The respondent, Airlink Teleinfra LLP, a limited
…Airlink Teleinfra LLP…
Start date of the period during which Smart…