The Operational Creditor filed a petition under Section 9 of the IBC, 2016, seeking to initiate the Corporate Insolvency Resolution Process against the Corporate Debtor due to an alleged default in payment for goods not supplied after an advance payment was made.
M/s. Turakhia Iron and Steel LLP, the Operational Creditor, filed a Company Petition under Section 9 of the Insolvency & Bankruptcy Code, 2016 on August 1, 2024, to initiate the Corporate Insolvency Resolution Process (CIRP) against M/s. D.I. Steels Private Limited, the Corporate Debtor. The Operational Creditor, a Limited Liability Partnership, is involved in wholesale and retail trade, while the Corporate Debtor, a Private Company incorporated on May 19, 2005, is in the steel trading business.
…M/s. D.I. Steels…
Operational Creditor issued two purchase orders…
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The Operational Creditor filed a petition under Section 9 of the IBC, 2016, seeking to initiate the Corporate Insolvency Resolution Process against the Corporate Debtor due to an alleged default in payment for goods not supplied after an advance payment was made.
M/s. Turakhia Iron and Steel LLP, the Operational Creditor, filed a Company Petition under Section 9 of the Insolvency & Bankruptcy Code, 2016 on August 1, 2024, to initiate the Corporate Insolvency Resolution Process (CIRP) against M/s. D.I. Steels Private Limited, the Corporate Debtor. The Operational Creditor, a Limited Liability Partnership, is involved in wholesale and retail trade, while the Corporate Debtor, a Private Company incorporated on May 19, 2005, is in the steel trading business.
…M/s. D.I. Steels…
Operational Creditor issued two purchase orders…
Sign in to view related legal provisions.