The case involves an application filed by Hemant Khaitan, an Operational Creditor, under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against Alex Green Energy Private Limited. The Operational Creditor claimed that the Corporate Debtor owed him Rs. 5,00,400/- as unpaid salary. The Corporate Debtor allegedly failed to pay this amount despite repeated demands.
Hemant Khaitan, the Operational Creditor, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Alex Green Energy Private Limited, the Corporate Debtor, claiming unpaid salary of Rs. 5,00,400/-. Khaitan was appointed as Business Development Manager on March 15, 2012, with an annual gross salary of Rs. 10,00,800/-. He joined on April 1, 2012, and resigned on September 1, 2012, effective from September 30, 2012, which was accepted by the Corporate Debtor. Despite correspondences and a demand notice sent on August 27, 2018, the Corporate Debtor failed to pay the outstanding amount. The Corporate Debtor did not raise any dispute or reply to the notice. The Operational Creditor submitted documents including the appointment letter,
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Hemant Khaitan was appointed as Business…
Hemant Khaitan joined…
The case involves an application filed by Hemant Khaitan, an Operational Creditor, under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against Alex Green Energy Private Limited. The Operational Creditor claimed that the Corporate Debtor owed him Rs. 5,00,400/- as unpaid salary. The Corporate Debtor allegedly failed to pay this amount despite repeated demands.
Hemant Khaitan, the Operational Creditor, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Alex Green Energy Private Limited, the Corporate Debtor, claiming unpaid salary of Rs. 5,00,400/-. Khaitan was appointed as Business Development Manager on March 15, 2012, with an annual gross salary of Rs. 10,00,800/-. He joined on April 1, 2012, and resigned on September 1, 2012, effective from September 30, 2012, which was accepted by the Corporate Debtor. Despite correspondences and a demand notice sent on August 27, 2018, the Corporate Debtor failed to pay the outstanding amount. The Corporate Debtor did not raise any dispute or reply to the notice. The Operational Creditor submitted documents including the appointment letter,
…Hemant Khaitan was appointed as Business…
Hemant Khaitan joined…