The applicant, M/s Kalpataru Power Transmission Limited, filed a petition under Section 9 of the IBC, 2016, to initiate the Corporate Insolvency Resolution Process against HSCC (India) Limited (the respondent) for withholding an operational debt of Rs. 17,53,95,858/- related to the construction of Kalpana Chawla Government Medical College.
M/s Kalpataru Power Transmission Limited (Applicant) filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC 2016) against HSCC (India) Limited (Respondent) to initiate the Corporate Insolvency Resolution Process. The Applicant claimed an operational debt of Rs. 17,53,95,858/- due and payable for the successful construction and commissioning of “Kalpana Chawla Government Medical College” (KCGMC) and other associated works, awarded via a Contract Agreement dated January 9, 2014.
…Contract Agreement for…
The Project…
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The applicant, M/s Kalpataru Power Transmission Limited, filed a petition under Section 9 of the IBC, 2016, to initiate the Corporate Insolvency Resolution Process against HSCC (India) Limited (the respondent) for withholding an operational debt of Rs. 17,53,95,858/- related to the construction of Kalpana Chawla Government Medical College.
M/s Kalpataru Power Transmission Limited (Applicant) filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC 2016) against HSCC (India) Limited (Respondent) to initiate the Corporate Insolvency Resolution Process. The Applicant claimed an operational debt of Rs. 17,53,95,858/- due and payable for the successful construction and commissioning of “Kalpana Chawla Government Medical College” (KCGMC) and other associated works, awarded via a Contract Agreement dated January 9, 2014.
…Contract Agreement for…
The Project…
Sign in to view related legal provisions.