The case involves an application filed 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, by M/s. Sree Provisions Stores (Operational Creditor) against M/s. Annamalai Foods Private Limited (Corporate Debtor). The Operational Creditor claimed an outstanding amount of Rs. 16,83,884/- for the supply of provisions to the Corporate Debtor's restaurants. The Corporate Debtor issued post-dated cheques that were dishonored. The Corporate Debtor issued a notice under Section 8 of the I&B Code, 2016, requesting more time to complete the legitimate dues.
M/s. Sree Provisions Stores (Operational Creditor) filed an application against M/s. Annamalai Foods Private Limited (Corporate Debtor) under Section 9 of the Insolvency and Bankruptcy Code, 2016, for an outstanding amount of Rs. 16,83,884/-. The Operational Creditor supplied provisions to the Corporate Debtor's restaurants based on assurances of payment. The Corporate Debtor issued five post-dated cheques, which were dishonored upon presentation. The Corporate Debtor issued a notice under Section 8 of the I&B Code, 2016, requesting an extension of time to pay the outstanding debt, acknowledging difficulty in honoring the balance. The Operational Creditor filed an affidavit stating that the Corporate Debtor did not give any notice in relation to the dispute of the
…Sign in to view the parties.
The Corporate Debtor issued a letter enclosing…
The Corporate Debtor issued a notice under…
The case involves an application filed 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, by M/s. Sree Provisions Stores (Operational Creditor) against M/s. Annamalai Foods Private Limited (Corporate Debtor). The Operational Creditor claimed an outstanding amount of Rs. 16,83,884/- for the supply of provisions to the Corporate Debtor's restaurants. The Corporate Debtor issued post-dated cheques that were dishonored. The Corporate Debtor issued a notice under Section 8 of the I&B Code, 2016, requesting more time to complete the legitimate dues.
M/s. Sree Provisions Stores (Operational Creditor) filed an application against M/s. Annamalai Foods Private Limited (Corporate Debtor) under Section 9 of the Insolvency and Bankruptcy Code, 2016, for an outstanding amount of Rs. 16,83,884/-. The Operational Creditor supplied provisions to the Corporate Debtor's restaurants based on assurances of payment. The Corporate Debtor issued five post-dated cheques, which were dishonored upon presentation. The Corporate Debtor issued a notice under Section 8 of the I&B Code, 2016, requesting an extension of time to pay the outstanding debt, acknowledging difficulty in honoring the balance. The Operational Creditor filed an affidavit stating that the Corporate Debtor did not give any notice in relation to the dispute of the
…The Corporate Debtor issued a letter enclosing…
The Corporate Debtor issued a notice under…