The document pertains to two applications, CP No. (IB) 89/9/NCLT/AHM/2018 filed by Adishwar Minerals & Chemicals and CP No. (IB) 163/9/NCLT/AHM/2018 filed by Itarsi Oils and Flours Private Limited, both operational creditors, against Sarvottam Vegetable Oil Refinery Private Limited, the corporate debtor, under Section 9 of the Insolvency and Bankruptcy Code, 2016. Adishwar Minerals & Chemicals claimed an outstanding amount of Rs. 1,50,000/- plus interest, while Itarsi Oils and Flours Private Limited claimed Rs. 42,83,054.36 plus interest. Both applications sought to initiate Corporate Insolvency Resolution Process (CIRP) against Sarvottam Vegetable Oil Refinery Private Limited.
Adishwar Minerals & Chemicals, an operational creditor, filed CP No. (IB) 89/9/NCLT/AHM/2018 against Sarvottam Vegetable Oil Refinery Private Limited, the corporate debtor, claiming an outstanding amount of Rs. 1,50,000/- plus interest, related to the supply of goods. Itarsi Oils and Flours Private Limited, another operational creditor, filed CP No. (IB) 163/9/NCLT/AHM/2018 against the same corporate debtor, claiming Rs. 42,83,054.36 plus interest, for the supply of Crude Soyabean Oil. Adishwar Minerals & Chemicals had supplied Fuller Earth Star to the respondent company. Itarsi Oils and Flours Private Limited supplied Crude Soyabean Oil on 23rd January 2018, delivered on 25th January 2018. The corporate debtor failed to file objections to either application.
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As of this date, a sum of Rs. 1,50,000/- was…
Adishwar Minerals & Chemicals issued a Demand…
The document pertains to two applications, CP No. (IB) 89/9/NCLT/AHM/2018 filed by Adishwar Minerals & Chemicals and CP No. (IB) 163/9/NCLT/AHM/2018 filed by Itarsi Oils and Flours Private Limited, both operational creditors, against Sarvottam Vegetable Oil Refinery Private Limited, the corporate debtor, under Section 9 of the Insolvency and Bankruptcy Code, 2016. Adishwar Minerals & Chemicals claimed an outstanding amount of Rs. 1,50,000/- plus interest, while Itarsi Oils and Flours Private Limited claimed Rs. 42,83,054.36 plus interest. Both applications sought to initiate Corporate Insolvency Resolution Process (CIRP) against Sarvottam Vegetable Oil Refinery Private Limited.
Adishwar Minerals & Chemicals, an operational creditor, filed CP No. (IB) 89/9/NCLT/AHM/2018 against Sarvottam Vegetable Oil Refinery Private Limited, the corporate debtor, claiming an outstanding amount of Rs. 1,50,000/- plus interest, related to the supply of goods. Itarsi Oils and Flours Private Limited, another operational creditor, filed CP No. (IB) 163/9/NCLT/AHM/2018 against the same corporate debtor, claiming Rs. 42,83,054.36 plus interest, for the supply of Crude Soyabean Oil. Adishwar Minerals & Chemicals had supplied Fuller Earth Star to the respondent company. Itarsi Oils and Flours Private Limited supplied Crude Soyabean Oil on 23rd January 2018, delivered on 25th January 2018. The corporate debtor failed to file objections to either application.
…As of this date, a sum of Rs. 1,50,000/- was…
Adishwar Minerals & Chemicals issued a Demand…