The case originated from an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) by Growel Feeds Pvt. Ltd. against Ashadeep Aquaculture Pvt. Ltd. The specific nature of the dispute leading to the Section 9 application, such as the operational debt and default, is not detailed in this order sheet. However, it is clear that the petitioner, Growel Feeds Pvt. Ltd., initiated corporate insolvency resolution proceedings against the respondent, Ashadeep Aquaculture Pvt. Ltd., alleging a default in payment of an operational debt.
The petitioner, Growel Feeds Pvt. Ltd., filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against the corporate debtor, Ashadeep Aquaculture Pvt. Ltd. This application initiated corporate insolvency resolution proceedings (CIRP) against the respondent. The specific details of the operational debt or the alleged default that led to the filing of this application are not elaborated in the provided order sheet.
The NCLT Cuttack Bench heard the matter.…
The case originated from an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) by Growel Feeds Pvt. Ltd. against Ashadeep Aquaculture Pvt. Ltd. The specific nature of the dispute leading to the Section 9 application, such as the operational debt and default, is not detailed in this order sheet. However, it is clear that the petitioner, Growel Feeds Pvt. Ltd., initiated corporate insolvency resolution proceedings against the respondent, Ashadeep Aquaculture Pvt. Ltd., alleging a default in payment of an operational debt.
The petitioner, Growel Feeds Pvt. Ltd., filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against the corporate debtor, Ashadeep Aquaculture Pvt. Ltd. This application initiated corporate insolvency resolution proceedings (CIRP) against the respondent. The specific details of the operational debt or the alleged default that led to the filing of this application are not elaborated in the provided order sheet.
The NCLT Cuttack Bench heard the matter.…