Mr. Karanjit Singh Chanana filed a company petition seeking to initiate the Corporate Insolvency Resolution Process (CIRP) against Rolta Defence Technology Systems Private Limited, alleging default in payment of Rs. 22,09,910/- including interest. The petitioner was appointed as Principal Group Manager (L2) of the Corporate Debtor with a remuneration of Rs. 3,50,000/- p.m. (including allowances). The petitioner served the Corporate Debtor from 23.04.2018 to 28.01.2019 and had to leave the services on 28.01.2019. The petitioner was relieved from the services of the Corporate Debtor on 28.01.2019, but the arrears of salary and other retirement benefits were not paid. The Petitioner issued a demand notice to the Corporate Debtor on 28.05.2019 demanding a sum of Rs.
…Mr. Karanjit Singh Chanana, the Petitioner, was employed as a Principal Group Manager (L2) at Rolta Defence Technology Systems Private Limited, the Corporate Debtor, starting from 23.04.2018. His employment ended on 28.01.2019. The Corporate Debtor allegedly defaulted on a payment of Rs. 22,09,910/-, which includes interest at 18% per annum. The Petitioner issued a demand notice on 28.05.2019, but received no response. The Petitioner claims interest at 18% p.a. based on a notice dated 14.12.2018 issued by the Corporate Debtor. The Corporate Debtor raised objections, including the lack of a certified statement of account under the Bankers Books Evidence Act, 1891, and the absence of proof of debt. The Corporate Debtor did not provide any material to show that the
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Mr. Karanjit Singh Chanana was appointed as…
Effective Oct. 2018, management decided to pay…
Mr. Karanjit Singh Chanana filed a company petition seeking to initiate the Corporate Insolvency Resolution Process (CIRP) against Rolta Defence Technology Systems Private Limited, alleging default in payment of Rs. 22,09,910/- including interest. The petitioner was appointed as Principal Group Manager (L2) of the Corporate Debtor with a remuneration of Rs. 3,50,000/- p.m. (including allowances). The petitioner served the Corporate Debtor from 23.04.2018 to 28.01.2019 and had to leave the services on 28.01.2019. The petitioner was relieved from the services of the Corporate Debtor on 28.01.2019, but the arrears of salary and other retirement benefits were not paid. The Petitioner issued a demand notice to the Corporate Debtor on 28.05.2019 demanding a sum of Rs.
…Mr. Karanjit Singh Chanana, the Petitioner, was employed as a Principal Group Manager (L2) at Rolta Defence Technology Systems Private Limited, the Corporate Debtor, starting from 23.04.2018. His employment ended on 28.01.2019. The Corporate Debtor allegedly defaulted on a payment of Rs. 22,09,910/-, which includes interest at 18% per annum. The Petitioner issued a demand notice on 28.05.2019, but received no response. The Petitioner claims interest at 18% p.a. based on a notice dated 14.12.2018 issued by the Corporate Debtor. The Corporate Debtor raised objections, including the lack of a certified statement of account under the Bankers Books Evidence Act, 1891, and the absence of proof of debt. The Corporate Debtor did not provide any material to show that the
…Mr. Karanjit Singh Chanana was appointed as…
Effective Oct. 2018, management decided to pay…