The case involves a petition filed by M/s. Bizerba India Private Limited (Operational Creditor) against M/s. Cissil Retail Management Private Limited (Corporate Debtor) under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Operational Creditor claimed that the Corporate Debtor defaulted in payment for the installation of 'Retail Scale-BC II 800 ECO 6/15 KG' machines as per an agreement dated 06.10.2015. The Operational Creditor issued a demand notice on 22.03.2017, claiming an outstanding due of Rs. 19,20,204/- as of 27.02.2017. The Corporate Debtor was set ex-parte due to non-appearance on several occasions.
M/s. Bizerba India Private Limited (Operational Creditor) filed a Company Petition against M/s. Cissil Retail Management Private Limited (Corporate Debtor) under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Operational Creditor supplied and installed 'Retail Scale-BC II 800 ECO 6/15 KG' machines to the Corporate Debtor as per an agreement executed on 06.10.2015. The payment terms were outlined in a Memorandum of Understanding dated 07.10.2016. The Corporate Debtor failed to make payments against invoices dated 19.10.2015 and 03.11.2015, despite reminders from the Operational Creditor. A demand notice was issued on 22.03.2017, claiming an outstanding due of Rs. 19,20,204/- as of 27.02.2017. The Corporate Debtor did not respond to the demand notice or
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Agreement executed between Bizerba India…
Memorandum of…
The case involves a petition filed by M/s. Bizerba India Private Limited (Operational Creditor) against M/s. Cissil Retail Management Private Limited (Corporate Debtor) under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Operational Creditor claimed that the Corporate Debtor defaulted in payment for the installation of 'Retail Scale-BC II 800 ECO 6/15 KG' machines as per an agreement dated 06.10.2015. The Operational Creditor issued a demand notice on 22.03.2017, claiming an outstanding due of Rs. 19,20,204/- as of 27.02.2017. The Corporate Debtor was set ex-parte due to non-appearance on several occasions.
M/s. Bizerba India Private Limited (Operational Creditor) filed a Company Petition against M/s. Cissil Retail Management Private Limited (Corporate Debtor) under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Operational Creditor supplied and installed 'Retail Scale-BC II 800 ECO 6/15 KG' machines to the Corporate Debtor as per an agreement executed on 06.10.2015. The payment terms were outlined in a Memorandum of Understanding dated 07.10.2016. The Corporate Debtor failed to make payments against invoices dated 19.10.2015 and 03.11.2015, despite reminders from the Operational Creditor. A demand notice was issued on 22.03.2017, claiming an outstanding due of Rs. 19,20,204/- as of 27.02.2017. The Corporate Debtor did not respond to the demand notice or
…Agreement executed between Bizerba India…
Memorandum of…