The case pertains to a Corporate Insolvency Resolution Process (CIRP) initiated by M/s. Thriveni Sands & Aggregates LLP against M/s. Krishna Enterprises (Housing and Infrastructures) Private Limited, claiming a default of Rs. 7,59,767/-. The petition was filed under Section 9 of the IBC, 2016, read with Rule 6 of the I&B (AAA) Rules, 2016. The case was listed on multiple dates and adjourned at the request of the parties.
M/s. Thriveni Sands & Aggregates LLP, the operational creditor, filed a petition under Section 9 of the IBC, 2016, against M/s. Krishna Enterprises (Housing & Infrastructures) Pvt. Ltd., the corporate debtor, for a default amount of Rs. 7,59,767/-. The case, C.P.(IB)No.300/BB/2019, was listed on various dates between September 2019 and September 2020. During this period, the parties engaged in discussions and reached a settlement, documented in a registered Memorandum of Understanding (MOU). As part of the settlement, the petitioner agreed to receive Rs. 5,06,033/- in full and final settlement via a post-dated cheque dated 30.12.2020. A joint memo for withdrawal of the petition was filed, indicating the mutual agreement to settle the matter. The Tribunal took
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The case pertains to a Corporate Insolvency Resolution Process (CIRP) initiated by M/s. Thriveni Sands & Aggregates LLP against M/s. Krishna Enterprises (Housing and Infrastructures) Private Limited, claiming a default of Rs. 7,59,767/-. The petition was filed under Section 9 of the IBC, 2016, read with Rule 6 of the I&B (AAA) Rules, 2016. The case was listed on multiple dates and adjourned at the request of the parties.
M/s. Thriveni Sands & Aggregates LLP, the operational creditor, filed a petition under Section 9 of the IBC, 2016, against M/s. Krishna Enterprises (Housing & Infrastructures) Pvt. Ltd., the corporate debtor, for a default amount of Rs. 7,59,767/-. The case, C.P.(IB)No.300/BB/2019, was listed on various dates between September 2019 and September 2020. During this period, the parties engaged in discussions and reached a settlement, documented in a registered Memorandum of Understanding (MOU). As part of the settlement, the petitioner agreed to receive Rs. 5,06,033/- in full and final settlement via a post-dated cheque dated 30.12.2020. A joint memo for withdrawal of the petition was filed, indicating the mutual agreement to settle the matter. The Tribunal took
…The case was i…
The case was…
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