Unipik Automation Solutions, an operational creditor, filed a petition under Section 9 of the Insolvency & Bankruptcy Code, 2016, against Choudhery Cheese Bazar Pvt. Ltd., the corporate debtor, for its inability to liquidate outstanding debt. The operational creditor was engaged to supply and install an indexing conveyor belt at the corporate debtor's factory. A purchase order was placed on 03.12.2014, and an advance of Rs. 34,000/- was paid. After installation, the 'C' form was not submitted, and the corporate debtor found the motor underpowered, leading to an upgrade at their request.
Unipik Automation Solutions, a registered partnership firm, is in the business of manufacturing Industrial Automation Equipment. Choudhery Cheese Bazar Pvt. Ltd. requested Unipik to supply and install an indexing conveyor belt at their factory in Noida, Uttar Pradesh. A purchase order was placed on 03.12.2014 after a price quotation was accepted, and an advance of Rs. 34,000/- was paid. After installation, the 'C' form was not submitted, and the corporate debtor found the motor underpowered, leading to an upgrade. An invoice dated 25.01.2016 for Rs. 1,32,600/- was raised for the new motor, and Rs. 3000/- was requested for transportation charges. Despite acknowledging the upgraded parts, the corporate debtor failed to liquidate the amount. A legal notice was sent, but
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Purchase order placed by Choudhery Cheese Bazar…
Invoice raised for Rs. 1,32,600/- for the new…
Unipik Automation Solutions, an operational creditor, filed a petition under Section 9 of the Insolvency & Bankruptcy Code, 2016, against Choudhery Cheese Bazar Pvt. Ltd., the corporate debtor, for its inability to liquidate outstanding debt. The operational creditor was engaged to supply and install an indexing conveyor belt at the corporate debtor's factory. A purchase order was placed on 03.12.2014, and an advance of Rs. 34,000/- was paid. After installation, the 'C' form was not submitted, and the corporate debtor found the motor underpowered, leading to an upgrade at their request.
Unipik Automation Solutions, a registered partnership firm, is in the business of manufacturing Industrial Automation Equipment. Choudhery Cheese Bazar Pvt. Ltd. requested Unipik to supply and install an indexing conveyor belt at their factory in Noida, Uttar Pradesh. A purchase order was placed on 03.12.2014 after a price quotation was accepted, and an advance of Rs. 34,000/- was paid. After installation, the 'C' form was not submitted, and the corporate debtor found the motor underpowered, leading to an upgrade. An invoice dated 25.01.2016 for Rs. 1,32,600/- was raised for the new motor, and Rs. 3000/- was requested for transportation charges. Despite acknowledging the upgraded parts, the corporate debtor failed to liquidate the amount. A legal notice was sent, but
…Purchase order placed by Choudhery Cheese Bazar…
Invoice raised for Rs. 1,32,600/- for the new…