The case involves an operational creditor, Mr. Kumud Mishra, seeking recovery of unpaid salary from the corporate debtor, M/s Reverse Logistics Company Pvt. Ltd. Mr. Mishra was employed as an Assistant Manager (Finance) and his services were terminated without granting him the notice period. He filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, for unpaid salary for October, November, and December 2018, along with gratuity and salary for the notice period. A demand notice was issued but the corporate debtor did not respond.
Mr. Kumud Mishra, an operational creditor, was employed by M/s Reverse Logistics Company Pvt. Ltd. as an Assistant Manager (Finance). His employment was terminated without the required notice period. He filed a petition seeking recovery of unpaid salary for October, November, and December 2018, amounting to Rs. 47,000 per month, along with gratuity for seven years (Rs. 1,89,808) and salary for the notice period (Rs. 47,000). The total claim was Rs. 3,77,808. A demand notice dated 28th May 2019, under Section 8 of the IBC, was issued but received no response. The corporate debtor did not raise any dispute regarding the unpaid operational debt. The operational creditor filed a certified copy of the bank statement showing the salary of the corporate debtor being
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Operational Creditor was employed as an…
Unpaid salary for the…
The case involves an operational creditor, Mr. Kumud Mishra, seeking recovery of unpaid salary from the corporate debtor, M/s Reverse Logistics Company Pvt. Ltd. Mr. Mishra was employed as an Assistant Manager (Finance) and his services were terminated without granting him the notice period. He filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, for unpaid salary for October, November, and December 2018, along with gratuity and salary for the notice period. A demand notice was issued but the corporate debtor did not respond.
Mr. Kumud Mishra, an operational creditor, was employed by M/s Reverse Logistics Company Pvt. Ltd. as an Assistant Manager (Finance). His employment was terminated without the required notice period. He filed a petition seeking recovery of unpaid salary for October, November, and December 2018, amounting to Rs. 47,000 per month, along with gratuity for seven years (Rs. 1,89,808) and salary for the notice period (Rs. 47,000). The total claim was Rs. 3,77,808. A demand notice dated 28th May 2019, under Section 8 of the IBC, was issued but received no response. The corporate debtor did not raise any dispute regarding the unpaid operational debt. The operational creditor filed a certified copy of the bank statement showing the salary of the corporate debtor being
…Operational Creditor was employed as an…
Unpaid salary for the…