The applicant, an operational creditor, filed an application seeking permission to submit its claim beyond the stipulated time during the corporate debtor's liquidation process.
Kamineni Steels & Power India Pvt Ltd, the corporate debtor, applied for an HT Connection, which was sanctioned by the Central Power Distribution Company of Andhra Pradesh (APCPDCL), now Southern Power Distribution Company of Telangana Limited (TSSPDCL). An agreement was executed on February 3, 2014, for the supply of electricity. The corporate debtor consumed electricity and initially cleared its dues.
…Corporate Debtor…
Corporate Debtor failed to make payments,…
Sign in to view related legal provisions.
The applicant, an operational creditor, filed an application seeking permission to submit its claim beyond the stipulated time during the corporate debtor's liquidation process.
Kamineni Steels & Power India Pvt Ltd, the corporate debtor, applied for an HT Connection, which was sanctioned by the Central Power Distribution Company of Andhra Pradesh (APCPDCL), now Southern Power Distribution Company of Telangana Limited (TSSPDCL). An agreement was executed on February 3, 2014, for the supply of electricity. The corporate debtor consumed electricity and initially cleared its dues.
…Corporate Debtor…
Corporate Debtor failed to make payments,…
Sign in to view related legal provisions.