Continental Piling & Excavation (Private) Limited filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Anwesha Engineering and Projects Limited, claiming an operational debt of Rs. 29,58,776/- for piling work done at ONGC, Hazira, based on a work order dated 27.01.2016. The operational creditor raised nine R.A. bills between January 2016 and September 2016. A Minutes of Meeting (MoM) dated 19.06.2018 was executed, agreeing to a payment of Rs. 25,26,311/-. The corporate debtor issued two post-dated cheques, one of which was dishonored. The applicant issued a demand notice under Section 8 of the I&B Code on 13.08.2019.
Continental Piling & Excavation (Private) Limited, an operational creditor, filed a petition against Anwesha Engineering and Projects Limited, the corporate debtor, under Section 9 of the Insolvency and Bankruptcy Code, 2016. The operational creditor claimed an outstanding debt of Rs. 29,58,776/- for piling work services provided to the corporate debtor at ONGC, Hazira, based on a work order dated 27.01.2016. The operational creditor raised nine R.A. bills between January 2016 and September 2016. A Minutes of Meeting (MoM) dated 19.06.2018 was executed, agreeing to a payment of Rs. 25,26,311/-. The corporate debtor issued two post-dated cheques, one of which, amounting to Rs. 15,26,311/-, was dishonored. The operational creditor issued a demand notice under Section
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Continental Piling & Excavation (Private) Limited filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Anwesha Engineering and Projects Limited, claiming an operational debt of Rs. 29,58,776/- for piling work done at ONGC, Hazira, based on a work order dated 27.01.2016. The operational creditor raised nine R.A. bills between January 2016 and September 2016. A Minutes of Meeting (MoM) dated 19.06.2018 was executed, agreeing to a payment of Rs. 25,26,311/-. The corporate debtor issued two post-dated cheques, one of which was dishonored. The applicant issued a demand notice under Section 8 of the I&B Code on 13.08.2019.
Continental Piling & Excavation (Private) Limited, an operational creditor, filed a petition against Anwesha Engineering and Projects Limited, the corporate debtor, under Section 9 of the Insolvency and Bankruptcy Code, 2016. The operational creditor claimed an outstanding debt of Rs. 29,58,776/- for piling work services provided to the corporate debtor at ONGC, Hazira, based on a work order dated 27.01.2016. The operational creditor raised nine R.A. bills between January 2016 and September 2016. A Minutes of Meeting (MoM) dated 19.06.2018 was executed, agreeing to a payment of Rs. 25,26,311/-. The corporate debtor issued two post-dated cheques, one of which, amounting to Rs. 15,26,311/-, was dishonored. The operational creditor issued a demand notice under Section
…Corporate debtor issued…
Operational creditor…