Next Radio Limited, an operational creditor, 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, against Ther A Pedic Bedding India Private Limited, a corporate debtor, for defaulting on a payment of Rs. 13,47,291. The operational creditor provided broadcasting services to the corporate debtor based on release orders issued on 21.01.2016 and 31.03.2016. A demand notice was served on 17.04.2017, but the corporate debtor did not respond. The Insolvency and Bankruptcy Board of India recommended Mrs. R.Jesintha as the interim resolution professional.
Next Radio Limited (operational creditor) filed a petition against Ther A Pedic Bedding India Private Limited (corporate debtor) under Section 9 of the Insolvency and Bankruptcy Code, 2016, for defaulting on a payment of Rs. 13,47,291. The operational creditor provided broadcasting services to the corporate debtor based on release orders issued on 21.01.2016 and 31.03.2016. The value of services provided by the operational creditor amounted to Rs. 11,76,673. A demand notice was served on 17.04.2017, but the corporate debtor did not respond. The Insolvency and Bankruptcy Board of India recommended Mrs. R.Jesintha as the interim resolution professional. Initially, no notice was issued to the respondent corporate debtor, but this was later rectified. The operational
…Sign in to view the parties.
Corporate debtor issued…
Corporate debtor issued…
Next Radio Limited, an operational creditor, 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, against Ther A Pedic Bedding India Private Limited, a corporate debtor, for defaulting on a payment of Rs. 13,47,291. The operational creditor provided broadcasting services to the corporate debtor based on release orders issued on 21.01.2016 and 31.03.2016. A demand notice was served on 17.04.2017, but the corporate debtor did not respond. The Insolvency and Bankruptcy Board of India recommended Mrs. R.Jesintha as the interim resolution professional.
Next Radio Limited (operational creditor) filed a petition against Ther A Pedic Bedding India Private Limited (corporate debtor) under Section 9 of the Insolvency and Bankruptcy Code, 2016, for defaulting on a payment of Rs. 13,47,291. The operational creditor provided broadcasting services to the corporate debtor based on release orders issued on 21.01.2016 and 31.03.2016. The value of services provided by the operational creditor amounted to Rs. 11,76,673. A demand notice was served on 17.04.2017, but the corporate debtor did not respond. The Insolvency and Bankruptcy Board of India recommended Mrs. R.Jesintha as the interim resolution professional. Initially, no notice was issued to the respondent corporate debtor, but this was later rectified. The operational
…Corporate debtor issued…
Corporate debtor issued…