Real Soya Enterprises, an Operational Creditor, filed a company petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 (I&B Code) against Al-Noor Agro & Farm Products Pvt Ltd, the Corporate Debtor, for defaulting on payments totaling ₹89,30,045/- (₹73,04,261/- principal and ₹16,25,784 towards interest) against invoices. The date of default was stated as 21.7.2017, but considered as 26.1.2018 due to a last payment made on 25.1.2018. The Operational Creditor supplied 'Animal Feed Supplements, Poultry Feed Supplements, Oil Poultry Feed Grade and Soya Lecithin' to the Corporate Debtor, raising 12 tax invoices from 16.3.2017 to 15.6.2017, totaling ₹76,28,215. The Corporate Debtor made a part payment of ₹5,00,000 on 25.1.2018, which was apportioned
…Real Soya Enterprises (Operational Creditor) filed a petition against Al-Noor Agro & Farm Products Pvt Ltd (Corporate Debtor) under Section 9 of the I&B Code, 2016, claiming a default of ₹89,30,045/- (₹73,04,261/- principal and ₹16,25,784/- interest). The default stemmed from unpaid invoices for 'Animal Feed Supplements, Poultry Feed Supplements, Oil Poultry Feed Grade and Soya Lecithin' supplied between 16.3.2017 and 15.6.2017, totaling ₹76,28,215. A part payment of ₹5,00,000 was made on 25.1.2018. The Operational Creditor issued a demand notice on 18.8.2018. The Corporate Debtor, in a reply dated 1.4.2019, requested time for repayment, referencing an email from 14.8.2017. The Corporate Debtor also submitted an undertaking dated 16.11.2018, admitting the debt
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Real Soya Enterprises, an Operational Creditor, filed a company petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 (I&B Code) against Al-Noor Agro & Farm Products Pvt Ltd, the Corporate Debtor, for defaulting on payments totaling ₹89,30,045/- (₹73,04,261/- principal and ₹16,25,784 towards interest) against invoices. The date of default was stated as 21.7.2017, but considered as 26.1.2018 due to a last payment made on 25.1.2018. The Operational Creditor supplied 'Animal Feed Supplements, Poultry Feed Supplements, Oil Poultry Feed Grade and Soya Lecithin' to the Corporate Debtor, raising 12 tax invoices from 16.3.2017 to 15.6.2017, totaling ₹76,28,215. The Corporate Debtor made a part payment of ₹5,00,000 on 25.1.2018, which was apportioned
…Real Soya Enterprises (Operational Creditor) filed a petition against Al-Noor Agro & Farm Products Pvt Ltd (Corporate Debtor) under Section 9 of the I&B Code, 2016, claiming a default of ₹89,30,045/- (₹73,04,261/- principal and ₹16,25,784/- interest). The default stemmed from unpaid invoices for 'Animal Feed Supplements, Poultry Feed Supplements, Oil Poultry Feed Grade and Soya Lecithin' supplied between 16.3.2017 and 15.6.2017, totaling ₹76,28,215. A part payment of ₹5,00,000 was made on 25.1.2018. The Operational Creditor issued a demand notice on 18.8.2018. The Corporate Debtor, in a reply dated 1.4.2019, requested time for repayment, referencing an email from 14.8.2017. The Corporate Debtor also submitted an undertaking dated 16.11.2018, admitting the debt
…First tax invoice…
Last tax invoice issued…