The case involves an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 by M/s R.K. Satyam Dyes & Chemicals, an operational creditor, against M/s Alaska Fabtech Pvt. Ltd., the corporate debtor, to initiate the Corporate Insolvency Resolution Process (CIRP). The petitioner claims that the corporate debtor defaulted in paying an operational debt of Rs. 1,88,150/- for chemicals and dyes supplied. Despite several opportunities, the corporate debtor did not appear or file a reply. The petitioner served a demand notice dated 02.05.2019 under Section 8 of the IBC, 2016, which was duly received by the corporate debtor.
M/s R.K. Satyam Dyes & Chemicals, an operational creditor, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against M/s Alaska Fabtech Pvt. Ltd., the corporate debtor. The operational creditor claimed that the corporate debtor owed Rs. 1,88,150/- for chemicals and dyes supplied, based on an invoice dated 24.08.2017. A demand notice was issued on 02.05.2019 under Section 8 of the IBC, 2016, and duly received by the corporate debtor. The corporate debtor did not raise any dispute or make any payment. The corporate debtor's registered office is in Bathinda, Punjab. The petition was filed on 06.06.2019, within the period of limitation. The corporate debtor failed to appear or file a reply despite several opportunities. The petitioner filed
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Invoice dated…
Demand notice dated 02.05.2019 was issued…
The case involves an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 by M/s R.K. Satyam Dyes & Chemicals, an operational creditor, against M/s Alaska Fabtech Pvt. Ltd., the corporate debtor, to initiate the Corporate Insolvency Resolution Process (CIRP). The petitioner claims that the corporate debtor defaulted in paying an operational debt of Rs. 1,88,150/- for chemicals and dyes supplied. Despite several opportunities, the corporate debtor did not appear or file a reply. The petitioner served a demand notice dated 02.05.2019 under Section 8 of the IBC, 2016, which was duly received by the corporate debtor.
M/s R.K. Satyam Dyes & Chemicals, an operational creditor, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against M/s Alaska Fabtech Pvt. Ltd., the corporate debtor. The operational creditor claimed that the corporate debtor owed Rs. 1,88,150/- for chemicals and dyes supplied, based on an invoice dated 24.08.2017. A demand notice was issued on 02.05.2019 under Section 8 of the IBC, 2016, and duly received by the corporate debtor. The corporate debtor did not raise any dispute or make any payment. The corporate debtor's registered office is in Bathinda, Punjab. The petition was filed on 06.06.2019, within the period of limitation. The corporate debtor failed to appear or file a reply despite several opportunities. The petitioner filed
…Invoice dated…
Demand notice dated 02.05.2019 was issued…