The case involves two applications, TIBA/11/KOB/2019 and IBA/28/KOB/2019, filed by operational creditors against the same corporate debtor, PVS Memorial Hospital Private Ltd., under Section 9 of the Insolvency and Bankruptcy Code, 2016, for initiating the Corporate Insolvency Resolution Process (CIRP). TIBA/11/KOB/2019 was filed by Dr. N.P. Kamalesh, while IBA/28/KOB/2019 was filed by M/s OCS Group (India) Private Ltd. Both applications contained identical claims and were therefore clubbed together. The corporate debtor was incorporated on 25.06.1992. Dr. N.P. Kamalesh claimed unpaid professional fees and incentives, while M/s OCS Group claimed dues for mechanized cleaning services provided to the hospital. The corporate debtor disputed the claims, alleging that the
…Dr. N.P. Kamalesh, an operational creditor, was appointed as 'Junior Consultant- Gl Surgery' with PVS Memorial Hospital Private Ltd., the corporate debtor. His remuneration was revised to Rs. 3,50,000/- per month effective 01.01.2016, along with departmental incentives. The corporate debtor allegedly paid professional fees until April 2018, with payments pending from May 2018 to November 2018. Department incentives were also allegedly pending from April 2016 to November 2018. Dr. Kamalesh claimed a total default of Rs. 41,04,301/-. M/s OCS Group (India) Private Ltd., another operational creditor, provided mechanized cleaning services to the corporate debtor under a business transaction entered into on 26.03.2018. The corporate debtor initially made payments but later
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PVS Memorial Hospital…
Dr. N.P. Kamalesh's…
The case involves two applications, TIBA/11/KOB/2019 and IBA/28/KOB/2019, filed by operational creditors against the same corporate debtor, PVS Memorial Hospital Private Ltd., under Section 9 of the Insolvency and Bankruptcy Code, 2016, for initiating the Corporate Insolvency Resolution Process (CIRP). TIBA/11/KOB/2019 was filed by Dr. N.P. Kamalesh, while IBA/28/KOB/2019 was filed by M/s OCS Group (India) Private Ltd. Both applications contained identical claims and were therefore clubbed together. The corporate debtor was incorporated on 25.06.1992. Dr. N.P. Kamalesh claimed unpaid professional fees and incentives, while M/s OCS Group claimed dues for mechanized cleaning services provided to the hospital. The corporate debtor disputed the claims, alleging that the
…Dr. N.P. Kamalesh, an operational creditor, was appointed as 'Junior Consultant- Gl Surgery' with PVS Memorial Hospital Private Ltd., the corporate debtor. His remuneration was revised to Rs. 3,50,000/- per month effective 01.01.2016, along with departmental incentives. The corporate debtor allegedly paid professional fees until April 2018, with payments pending from May 2018 to November 2018. Department incentives were also allegedly pending from April 2016 to November 2018. Dr. Kamalesh claimed a total default of Rs. 41,04,301/-. M/s OCS Group (India) Private Ltd., another operational creditor, provided mechanized cleaning services to the corporate debtor under a business transaction entered into on 26.03.2018. The corporate debtor initially made payments but later
…PVS Memorial Hospital…
Dr. N.P. Kamalesh's…