The case pertains to an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016, by Apeejay Surrendra Park Hotels Limited (Operational Creditor) against Gurusukh Vintrade Services Pvt. Ltd. (Corporate Debtor). The Operational Creditor claimed that the Corporate Debtor defaulted on payments for management and technical services provided under an agreement dated 26.09.2012. The transactions in question occurred between 01.07.2016 and 30.04.2019. The application was filed on 21.06.2019.
Apeejay Surrendra Park Hotels Limited (Operational Creditor) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Gurusukh Vintrade Services Pvt. Ltd. (Corporate Debtor). The Operational Creditor claimed that the Corporate Debtor defaulted on payments for management and technical services provided under a Management and Technical Services Agreement dated 26.09.2012. The transactions occurred between 01.07.2016 and 30.04.2019, and the application was filed on 21.06.2019. The Operational Creditor submitted invoices amounting to Rs. 1,45,99,236 as outstanding dues. The Corporate Debtor was the lessee of a plot of land measuring 30,000 sq. ft and had constructed a 72-room four-star hotel. The Operational Creditor had also sent a legal
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Corporate Debtor and Operational Creditor…
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The case pertains to an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016, by Apeejay Surrendra Park Hotels Limited (Operational Creditor) against Gurusukh Vintrade Services Pvt. Ltd. (Corporate Debtor). The Operational Creditor claimed that the Corporate Debtor defaulted on payments for management and technical services provided under an agreement dated 26.09.2012. The transactions in question occurred between 01.07.2016 and 30.04.2019. The application was filed on 21.06.2019.
Apeejay Surrendra Park Hotels Limited (Operational Creditor) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Gurusukh Vintrade Services Pvt. Ltd. (Corporate Debtor). The Operational Creditor claimed that the Corporate Debtor defaulted on payments for management and technical services provided under a Management and Technical Services Agreement dated 26.09.2012. The transactions occurred between 01.07.2016 and 30.04.2019, and the application was filed on 21.06.2019. The Operational Creditor submitted invoices amounting to Rs. 1,45,99,236 as outstanding dues. The Corporate Debtor was the lessee of a plot of land measuring 30,000 sq. ft and had constructed a 72-room four-star hotel. The Operational Creditor had also sent a legal
…Corporate Debtor and Operational Creditor…
Start date of the…