Unimax International, the operational creditor/petitioner, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, seeking to initiate the Corporate Insolvency Resolution Process (CIRP) against M/s. Soho Infrastructure Private Limited, the corporate debtor/respondent. The petitioner claimed that the corporate debtor owed them INR 83,29,507/- including interest as of 22.11.2018 for goods supplied. The corporate debtor opposed the admission of the petition, raising several objections, including the maintainability of the petition, the status of the petitioner, and the validity of the demand notice.
Unimax International (Operational Creditor) claimed M/s. Soho Infrastructure Private Limited (Corporate Debtor) owed INR 83,29,507/- including interest as of 22.11.2018 for goods supplied. Unimax International sent demand notices dated 10.12.2018 to the Corporate Debtor. The Corporate Debtor argued Unimax International was not a legal entity and the demand notice was not properly served. The Corporate Debtor also claimed disputes regarding the supplies made. Unimax International submitted a copy of their bank statement showing deposits from the Corporate Debtor. Unimax International also submitted a copy of Partnership Deed dated 06.05.2005 and Form-B under Rule 8 of Delhi Partnership (Registration of Firms) Rules, 1972 bearing No. 561/SDM/NW/2012 dated 15.06.2012. The
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Section 9 of The…
The Respondent vide letter dated 02.07.2016…
Unimax International, the operational creditor/petitioner, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, seeking to initiate the Corporate Insolvency Resolution Process (CIRP) against M/s. Soho Infrastructure Private Limited, the corporate debtor/respondent. The petitioner claimed that the corporate debtor owed them INR 83,29,507/- including interest as of 22.11.2018 for goods supplied. The corporate debtor opposed the admission of the petition, raising several objections, including the maintainability of the petition, the status of the petitioner, and the validity of the demand notice.
Unimax International (Operational Creditor) claimed M/s. Soho Infrastructure Private Limited (Corporate Debtor) owed INR 83,29,507/- including interest as of 22.11.2018 for goods supplied. Unimax International sent demand notices dated 10.12.2018 to the Corporate Debtor. The Corporate Debtor argued Unimax International was not a legal entity and the demand notice was not properly served. The Corporate Debtor also claimed disputes regarding the supplies made. Unimax International submitted a copy of their bank statement showing deposits from the Corporate Debtor. Unimax International also submitted a copy of Partnership Deed dated 06.05.2005 and Form-B under Rule 8 of Delhi Partnership (Registration of Firms) Rules, 1972 bearing No. 561/SDM/NW/2012 dated 15.06.2012. The
…Section 9 of The…
The Respondent vide letter dated 02.07.2016…