The case involves an application filed by Mr. Ajay Joseph, the operational creditor, against M/s. Swiber Offshore (India) Pvt. Ltd., the corporate debtor, under Section 9 of the Insolvency and Bankruptcy Code, 2016, and Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016. The operational creditor claims that the corporate debtor defaulted in repaying a sum of ₹48,14,639/-. Previously, the operational creditor had filed a company petition for winding up the company before the Hon'ble High Court of Bombay, which was later transferred to NCLT Mumbai Bench.
Mr. Ajay Joseph, proprietor of M/s. Global Marine Supply Co., filed an operational creditor petition against M/s. Swiber Offshore (India) Pvt. Ltd. The petition claims that Swiber Offshore defaulted in repaying ₹48,14,639/- related to 51 invoices issued between 2015-12-31 and 2016-05-19. Previously, Mr. Joseph had filed a company petition (No. 734 of 2016) for winding up Swiber Offshore before the Bombay High Court, which was later transferred to the NCLT Mumbai Bench. A statutory notice was issued to Swiber Offshore under Sections 433 and 434 of the Companies Act, 1956, on 2016-08-10, and received on 2016-08-12, but received no response. Swiber Offshore acknowledged the debt in an email dated 2016-07-12, stating inability to process payment until August 2016. The
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The case involves an application filed by Mr. Ajay Joseph, the operational creditor, against M/s. Swiber Offshore (India) Pvt. Ltd., the corporate debtor, under Section 9 of the Insolvency and Bankruptcy Code, 2016, and Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016. The operational creditor claims that the corporate debtor defaulted in repaying a sum of ₹48,14,639/-. Previously, the operational creditor had filed a company petition for winding up the company before the Hon'ble High Court of Bombay, which was later transferred to NCLT Mumbai Bench.
Mr. Ajay Joseph, proprietor of M/s. Global Marine Supply Co., filed an operational creditor petition against M/s. Swiber Offshore (India) Pvt. Ltd. The petition claims that Swiber Offshore defaulted in repaying ₹48,14,639/- related to 51 invoices issued between 2015-12-31 and 2016-05-19. Previously, Mr. Joseph had filed a company petition (No. 734 of 2016) for winding up Swiber Offshore before the Bombay High Court, which was later transferred to the NCLT Mumbai Bench. A statutory notice was issued to Swiber Offshore under Sections 433 and 434 of the Companies Act, 1956, on 2016-08-10, and received on 2016-08-12, but received no response. Swiber Offshore acknowledged the debt in an email dated 2016-07-12, stating inability to process payment until August 2016. The
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