ABB India Limited, the Operational Creditor, filed an application under Section 9 of the Insolvency & Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against Al Ameen Green Energy Private Limited, the Corporate Debtor. The application was filed due to a default in payment of Rs. 6,53,36,026/- with the date of default being 30.04.2019. The Operational Creditor and Corporate Debtor had entered into a contract for an EPC package of a 25MW Solar PV Project. A tripartite agreement was executed between the parties and ENMAS GB Power Systems Pvt. Ltd. The Operational Creditor served a demand notice dated 11.10.2017 demanding Rs. 22,64,09,797/-. An earlier application filed by the applicant was dismissed as withdrawn on 09.04.2019 on

ABB India Limited, the Operational Creditor, filed an application under Section 9 of the Insolvency & Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against Al Ameen Green Energy Private Limited, the Corporate Debtor. The application was filed due to a default in payment of Rs. 6,53,36,026/- with the date of default being 30.04.2019. The Operational Creditor and Corporate Debtor had entered into a contract for an EPC package of a 25MW Solar PV Project. A tripartite agreement was executed between the parties and ENMAS GB Power Systems Pvt. Ltd. The Operational Creditor served a demand notice dated 11.10.2017 demanding Rs. 22,64,09,797/-. An earlier application filed by the applicant was dismissed as withdrawn on 09.04.2019 on