The case involves an application filed by Ms. A. Chandani, an Operational Creditor, against M/s. Shreyas Holistic Remedies Private Limited, the Corporate Debtor, under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Operational Creditor claimed a default of Rs. 3,74,004 towards unpaid salary and provident fund. The Corporate Debtor contested the claim, alleging that the Operational Creditor was an ex-employee who had breached the terms of her employment contract and engaged in misconduct, including poaching clients and influencing staff to join a competitor.
Ms. A. Chandani, an ex-employee of Shreyas Holistic Remedies Private Limited, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, claiming a default of Rs. 3,74,004 towards unpaid salary (Rs. 1,95,000 for September-November 2018) and provident fund (Rs. 1,79,004 from March 2015 to December 2018), plus interest. The Corporate Debtor, Shreyas Holistic Remedies Private Limited, argued that Ms. Chandani's claims were false and that she had breached her employment contract by going on an unsanctioned vacation to Bali, poaching clients, and influencing staff to join a competitor, causing financial losses of Rs. 2,13,000. The Corporate Debtor also stated that TDS on salary and PF contributions were made up to 08.10.2018. Ms. Chandani was offered the
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The case involves an application filed by Ms. A. Chandani, an Operational Creditor, against M/s. Shreyas Holistic Remedies Private Limited, the Corporate Debtor, under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Operational Creditor claimed a default of Rs. 3,74,004 towards unpaid salary and provident fund. The Corporate Debtor contested the claim, alleging that the Operational Creditor was an ex-employee who had breached the terms of her employment contract and engaged in misconduct, including poaching clients and influencing staff to join a competitor.
Ms. A. Chandani, an ex-employee of Shreyas Holistic Remedies Private Limited, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, claiming a default of Rs. 3,74,004 towards unpaid salary (Rs. 1,95,000 for September-November 2018) and provident fund (Rs. 1,79,004 from March 2015 to December 2018), plus interest. The Corporate Debtor, Shreyas Holistic Remedies Private Limited, argued that Ms. Chandani's claims were false and that she had breached her employment contract by going on an unsanctioned vacation to Bali, poaching clients, and influencing staff to join a competitor, causing financial losses of Rs. 2,13,000. The Corporate Debtor also stated that TDS on salary and PF contributions were made up to 08.10.2018. Ms. Chandani was offered the
…Ms. A. Chandani was offered the post of…
Ms. A. Chandani's date…