Mundra Enterprises, the Operational Creditor, filed a petition under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016, against Goldfish Pharma Private Limited, the Corporate Debtor, for defaulting on a payment of Rs. 73,68,371/- along with an interest of Rs. 38,63,319/-, totaling Rs. 1,12,31,690/-. The Operational Creditor claimed that the Corporate Debtor had placed purchase orders for various pharmaceutical raw materials, which were supplied accordingly. The Corporate Debtor disputed the claim, alleging that the petition was not maintainable, the outstanding amount was disputed, and the Demand Notice was not received. The Corporate Debtor also claimed that some invoices were barred by limitation and that they had supplied goods/materials worth Rs.
…Mundra Enterprises, the Operational Creditor, claimed that Goldfish Pharma Private Limited, the Corporate Debtor, defaulted on payments totaling Rs. 1,12,31,690/-, including principal and interest. The Operational Creditor supplied pharmaceutical raw materials to the Corporate Debtor based on purchase orders. The Corporate Debtor issued cheques that were dishonored due to insufficient funds. The Operational Creditor issued a demand notice on 11.02.2019, which they claimed was served on the Corporate Debtor. The Corporate Debtor disputed the claim, alleging that the petition was not maintainable, the outstanding amount was disputed, and the Demand Notice was not received. The Corporate Debtor also claimed that some invoices were barred by limitation and that they had
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Mundra Enterprises, the Operational Creditor, filed a petition under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016, against Goldfish Pharma Private Limited, the Corporate Debtor, for defaulting on a payment of Rs. 73,68,371/- along with an interest of Rs. 38,63,319/-, totaling Rs. 1,12,31,690/-. The Operational Creditor claimed that the Corporate Debtor had placed purchase orders for various pharmaceutical raw materials, which were supplied accordingly. The Corporate Debtor disputed the claim, alleging that the petition was not maintainable, the outstanding amount was disputed, and the Demand Notice was not received. The Corporate Debtor also claimed that some invoices were barred by limitation and that they had supplied goods/materials worth Rs.
…Mundra Enterprises, the Operational Creditor, claimed that Goldfish Pharma Private Limited, the Corporate Debtor, defaulted on payments totaling Rs. 1,12,31,690/-, including principal and interest. The Operational Creditor supplied pharmaceutical raw materials to the Corporate Debtor based on purchase orders. The Corporate Debtor issued cheques that were dishonored due to insufficient funds. The Operational Creditor issued a demand notice on 11.02.2019, which they claimed was served on the Corporate Debtor. The Corporate Debtor disputed the claim, alleging that the petition was not maintainable, the outstanding amount was disputed, and the Demand Notice was not received. The Corporate Debtor also claimed that some invoices were barred by limitation and that they had
…The Operational Creditor started supplying…
The Operational…