The case pertains to an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 by M/s. Innovation House Industries Pvt. Ltd, an operational creditor, against M/s. Jap Infratech Private Limited, the corporate debtor. The operational creditor claimed an outstanding balance of Rs. 14,22,091/- for goods supplied between April 2016 and July 2016. The operational creditor asserted that despite repeated demands, the corporate debtor failed to liquidate its liability.
M/s. Innovation House Industries Pvt. Ltd. filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against M/s. Jap Infratech Private Limited. Innovation House Industries, an operational creditor, claimed that Jap Infratech, the corporate debtor, owed them Rs. 14,22,091/-. This amount was the outstanding balance for goods (Autoclaved Aerated Concrete blocks) supplied between April 2016 and July 2016, for which the total invoice amount was Rs. 21,41,123/-, with only Rs. 7,19,032/- paid. Bank of India certified that no payment was received from the corporate debtor after June 15, 2016. The operational creditor sent a demand notice on 2017-02-28. The corporate debtor did not raise any dispute regarding the unpaid operational debt and did not
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M/s. Innovation House Industries Pvt. Ltd.…
The period of supplying goods from M/s.…
The case pertains to an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 by M/s. Innovation House Industries Pvt. Ltd, an operational creditor, against M/s. Jap Infratech Private Limited, the corporate debtor. The operational creditor claimed an outstanding balance of Rs. 14,22,091/- for goods supplied between April 2016 and July 2016. The operational creditor asserted that despite repeated demands, the corporate debtor failed to liquidate its liability.
M/s. Innovation House Industries Pvt. Ltd. filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against M/s. Jap Infratech Private Limited. Innovation House Industries, an operational creditor, claimed that Jap Infratech, the corporate debtor, owed them Rs. 14,22,091/-. This amount was the outstanding balance for goods (Autoclaved Aerated Concrete blocks) supplied between April 2016 and July 2016, for which the total invoice amount was Rs. 21,41,123/-, with only Rs. 7,19,032/- paid. Bank of India certified that no payment was received from the corporate debtor after June 15, 2016. The operational creditor sent a demand notice on 2017-02-28. The corporate debtor did not raise any dispute regarding the unpaid operational debt and did not
…M/s. Innovation House Industries Pvt. Ltd.…
The period of supplying goods from M/s.…