The case involves an application filed by M/s. Pohoja Print Solutions Private Limited, the Operational Creditor, against M/s. Nova Electro Magnetics Limited, the Corporate Debtor, under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Operational Creditor provided printing services to the Corporate Debtor for its annual reports for the financial year 2013-2014. After providing the services, the Operational Creditor raised an invoice, but the Corporate Debtor failed to make the payment. The Operational Creditor then issued a demand notice and subsequently a statutory notice under the Companies Act, 1956. The Corporate Debtor also issued a cheque which was dishonored. The Operational Creditor then filed a winding-up petition before the High Court of Madras,
…M/s. Pohoja Print Solutions Private Limited (Operational Creditor) provided printing services to M/s. Nova Electro Magnetics Limited (Corporate Debtor) for its annual reports for the financial year 2013-2014. The Operational Creditor issued an invoice dated 28.12.2014 for the services rendered. The Corporate Debtor failed to make the payment. The Operational Creditor issued a demand notice dated 03.03.2015. The Corporate Debtor replied on 10.04.2015, admitting the liability but stating inability to pay due to financial constraints. The Operational Creditor issued a statutory notice under section 433 of the Companies Act, 1956 on 16.05.2015. The Corporate Debtor failed to make any payment. The Operational Creditor filed a winding-up petition before the High Court of
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Operational Creditor provided printing services…
Operational Creditor…
The case involves an application filed by M/s. Pohoja Print Solutions Private Limited, the Operational Creditor, against M/s. Nova Electro Magnetics Limited, the Corporate Debtor, under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Operational Creditor provided printing services to the Corporate Debtor for its annual reports for the financial year 2013-2014. After providing the services, the Operational Creditor raised an invoice, but the Corporate Debtor failed to make the payment. The Operational Creditor then issued a demand notice and subsequently a statutory notice under the Companies Act, 1956. The Corporate Debtor also issued a cheque which was dishonored. The Operational Creditor then filed a winding-up petition before the High Court of Madras,
…M/s. Pohoja Print Solutions Private Limited (Operational Creditor) provided printing services to M/s. Nova Electro Magnetics Limited (Corporate Debtor) for its annual reports for the financial year 2013-2014. The Operational Creditor issued an invoice dated 28.12.2014 for the services rendered. The Corporate Debtor failed to make the payment. The Operational Creditor issued a demand notice dated 03.03.2015. The Corporate Debtor replied on 10.04.2015, admitting the liability but stating inability to pay due to financial constraints. The Operational Creditor issued a statutory notice under section 433 of the Companies Act, 1956 on 16.05.2015. The Corporate Debtor failed to make any payment. The Operational Creditor filed a winding-up petition before the High Court of
…Operational Creditor provided printing services…
Operational Creditor…