The case involves a petition filed by Anchor Electricals Pvt Ltd (Operational Creditor) against Enectric Projects & Solutions India Pvt Ltd (Corporate Debtor) under Section 9 of the Insolvency and Bankruptcy Code, 2016, for an operational debt of Rs. 47,80,294.75. The debt arose from transactions where the Operational Creditor supplied goods based on purchase orders placed by the Corporate Debtor. Despite repeated reminders, the Corporate Debtor failed to make payments, leading to the issuance of a demand notice under Section 8 of the IBC, 2016.
Anchor Electricals Pvt Ltd (Operational Creditor) filed a petition against Enectric Projects & Solutions India Pvt Ltd (Corporate Debtor) under Section 9 of the Insolvency and Bankruptcy Code, 2016, claiming an operational debt of Rs. 47,80,294.75. The debt arose from the supply of goods based on purchase orders. The Operational Creditor supplied goods and raised invoices, but the Corporate Debtor failed to make payments despite repeated reminders. The Operational Creditor issued a demand notice dated 09.08.2018 under Section 8 of the IBC, 2016. The Corporate Debtor filed a counter affidavit disputing the quality and quantity of goods but also proposed a payment schedule admitting liability. The Corporate Debtor was incorporated on 12.12.2013. The Operational
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Purchase Orders EPSIPL/17-18/POC…
Invoices 7011700072939,…
The case involves a petition filed by Anchor Electricals Pvt Ltd (Operational Creditor) against Enectric Projects & Solutions India Pvt Ltd (Corporate Debtor) under Section 9 of the Insolvency and Bankruptcy Code, 2016, for an operational debt of Rs. 47,80,294.75. The debt arose from transactions where the Operational Creditor supplied goods based on purchase orders placed by the Corporate Debtor. Despite repeated reminders, the Corporate Debtor failed to make payments, leading to the issuance of a demand notice under Section 8 of the IBC, 2016.
Anchor Electricals Pvt Ltd (Operational Creditor) filed a petition against Enectric Projects & Solutions India Pvt Ltd (Corporate Debtor) under Section 9 of the Insolvency and Bankruptcy Code, 2016, claiming an operational debt of Rs. 47,80,294.75. The debt arose from the supply of goods based on purchase orders. The Operational Creditor supplied goods and raised invoices, but the Corporate Debtor failed to make payments despite repeated reminders. The Operational Creditor issued a demand notice dated 09.08.2018 under Section 8 of the IBC, 2016. The Corporate Debtor filed a counter affidavit disputing the quality and quantity of goods but also proposed a payment schedule admitting liability. The Corporate Debtor was incorporated on 12.12.2013. The Operational
…Purchase Orders EPSIPL/17-18/POC…
Invoices 7011700072939,…