The case involves an application filed by Kanodia Metals Private Limited, the Operational Creditor, under Section 9 of the Insolvency and Bankruptcy Code, 2016, against D N Sircar Das Pvt. Ltd., the Corporate Debtor, for non-payment of dues amounting to Rs. 41,16,502/-. The Operational Creditor claimed to have supplied goods to the Corporate Debtor between June 2014 and January 2015, but the Corporate Debtor failed to pay despite repeated demands. The Corporate Debtor did not appear despite service of notice through publication.
Kanodia Metals Private Limited (Operational Creditor) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 against D N Sircar Das Pvt. Ltd. (Corporate Debtor) due to unpaid dues of Rs. 41,16,502. The Operational Creditor supplied goods to the Corporate Debtor between June 27, 2014, and January 15, 2015, as evidenced by invoices. Despite repeated demands, the Corporate Debtor failed to pay. The Corporate Debtor was served a notice of the application through publication in 'Times of India' and 'A Samay' on April 9, 2018, but did not appear in the matter. The Corporate Debtor had previously acknowledged the debt in letters dated 2014 and 2016. The Operational Creditor produced bank statements showing that the claimed amount was not received.
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Start of the period during which the Operational…
End of the period during which the Operational…
The case involves an application filed by Kanodia Metals Private Limited, the Operational Creditor, under Section 9 of the Insolvency and Bankruptcy Code, 2016, against D N Sircar Das Pvt. Ltd., the Corporate Debtor, for non-payment of dues amounting to Rs. 41,16,502/-. The Operational Creditor claimed to have supplied goods to the Corporate Debtor between June 2014 and January 2015, but the Corporate Debtor failed to pay despite repeated demands. The Corporate Debtor did not appear despite service of notice through publication.
Kanodia Metals Private Limited (Operational Creditor) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 against D N Sircar Das Pvt. Ltd. (Corporate Debtor) due to unpaid dues of Rs. 41,16,502. The Operational Creditor supplied goods to the Corporate Debtor between June 27, 2014, and January 15, 2015, as evidenced by invoices. Despite repeated demands, the Corporate Debtor failed to pay. The Corporate Debtor was served a notice of the application through publication in 'Times of India' and 'A Samay' on April 9, 2018, but did not appear in the matter. The Corporate Debtor had previously acknowledged the debt in letters dated 2014 and 2016. The Operational Creditor produced bank statements showing that the claimed amount was not received.
…Start of the period during which the Operational…
End of the period during which the Operational…