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 of operational debt.
M/s. NHDPL South Private Limited, the operational creditor, filed a petition under section 9 of the Insolvency and Bankruptcy Code, 2016, read with Rule 6 of the I&B (Application to Adjudicating Authority) Rules 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against M/s. East Mond Infra And Trade Pvt.Ltd, the corporate debtor. The petition was supported by an affidavit from Mr. Swamy K B, Special Officer of the operational creditor, and a Board Resolution dated June 29, 2021, authorizing him to represent the company. The corporate debtor, initially named Somerest Infra Projects Pvt.Ltd, underwent two name changes, first to East Mond Agri and Infra Pvt.Ltd on July 28, 2020, and then to East Mond Infra and Trade Pvt.Ltd on December 29, 2020.
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M/s. East Mond Infra And Trade Pvt.Ltd (then…
The corporate debtor and the operational…
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 of operational debt.
M/s. NHDPL South Private Limited, the operational creditor, filed a petition under section 9 of the Insolvency and Bankruptcy Code, 2016, read with Rule 6 of the I&B (Application to Adjudicating Authority) Rules 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against M/s. East Mond Infra And Trade Pvt.Ltd, the corporate debtor. The petition was supported by an affidavit from Mr. Swamy K B, Special Officer of the operational creditor, and a Board Resolution dated June 29, 2021, authorizing him to represent the company. The corporate debtor, initially named Somerest Infra Projects Pvt.Ltd, underwent two name changes, first to East Mond Agri and Infra Pvt.Ltd on July 28, 2020, and then to East Mond Infra and Trade Pvt.Ltd on December 29, 2020.
…M/s. East Mond Infra And Trade Pvt.Ltd (then…
The corporate debtor and the operational…