The case involves a petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) by Salil Shashank Kulkarni, an employee of Rubique Technologies India Private Limited, seeking to initiate the Corporate Insolvency Resolution Process (CIRP) against the company. The Operational Creditor claims that the Corporate Debtor failed to pay outstanding salary for the period from October 2018 to June 2019, despite acknowledging the debt and making a partial payment. The petition was filed on 28.11.2019.
Salil Shashank Kulkarni, an employee of Rubique Technologies India Private Limited, filed a petition under Section 9 of the IBC to initiate CIRP against the company due to unpaid salary. Kulkarni was appointed as Assistant Vice President on 16.01.2015 and later held the position of Senior Vice President until his resignation was accepted on 25.06.2019. The company acknowledged the outstanding salary for the period from October 2018 to June 2019 but cited financial difficulties. The Corporate Debtor made a partial payment of ₹3,06,508/- towards the outstanding salary. The total debt due and payable to the Operational Creditor is ₹50,90,629.00, including principal and interest as of 01.11.2018. The Corporate Debtor acknowledged the debt in letters dated 01.07.2019,
…Sign in to view the parties.
Rubique Technologies…
Salil Shashank Kulkarni…
The case involves a petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) by Salil Shashank Kulkarni, an employee of Rubique Technologies India Private Limited, seeking to initiate the Corporate Insolvency Resolution Process (CIRP) against the company. The Operational Creditor claims that the Corporate Debtor failed to pay outstanding salary for the period from October 2018 to June 2019, despite acknowledging the debt and making a partial payment. The petition was filed on 28.11.2019.
Salil Shashank Kulkarni, an employee of Rubique Technologies India Private Limited, filed a petition under Section 9 of the IBC to initiate CIRP against the company due to unpaid salary. Kulkarni was appointed as Assistant Vice President on 16.01.2015 and later held the position of Senior Vice President until his resignation was accepted on 25.06.2019. The company acknowledged the outstanding salary for the period from October 2018 to June 2019 but cited financial difficulties. The Corporate Debtor made a partial payment of ₹3,06,508/- towards the outstanding salary. The total debt due and payable to the Operational Creditor is ₹50,90,629.00, including principal and interest as of 01.11.2018. The Corporate Debtor acknowledged the debt in letters dated 01.07.2019,
…Rubique Technologies…
Salil Shashank Kulkarni…