The case involves an application filed by M/s. Streamline Refrigeration Private Limited (Operational Creditor) under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate Corporate Insolvency Resolution Process (CIRP) against M/s. V R V Engineers Private Limited (Corporate Debtor) for an operational debt. The Operational Creditor claims that the Corporate Debtor defaulted on payments for invoices raised on 31.08.2015 and 10.09.2015, totaling Rs. 8,62,644/-. The Corporate Debtor was incorporated on 08.09.2006. The Operational Creditor issued a demand notice on 14.08.2019. The Corporate Debtor sent a payment realize agreement on 10.02.2017 regarding releasing the outstanding payment.
M/s. Streamline Refrigeration Private Limited (Operational Creditor) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against M/s. V R V Engineers Private Limited (Corporate Debtor). The Operational Creditor claimed an outstanding debt of Rs. 8,62,644/- based on invoices dated 31.08.2015 and 10.09.2015. The Operational Creditor issued a demand notice on 14.08.2019. The Corporate Debtor sent a payment realize agreement on 10.02.2017, acknowledging the debt and promising payment. The application was filed on 01.11.2019. The Corporate Debtor did not reply to the demand notice and did not appear before the Tribunal. The Operational Creditor is in the business of supplying
…Sign in to view the parties.
M/s. V R V Engineers…
One of the invoices…
The case involves an application filed by M/s. Streamline Refrigeration Private Limited (Operational Creditor) under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate Corporate Insolvency Resolution Process (CIRP) against M/s. V R V Engineers Private Limited (Corporate Debtor) for an operational debt. The Operational Creditor claims that the Corporate Debtor defaulted on payments for invoices raised on 31.08.2015 and 10.09.2015, totaling Rs. 8,62,644/-. The Corporate Debtor was incorporated on 08.09.2006. The Operational Creditor issued a demand notice on 14.08.2019. The Corporate Debtor sent a payment realize agreement on 10.02.2017 regarding releasing the outstanding payment.
M/s. Streamline Refrigeration Private Limited (Operational Creditor) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against M/s. V R V Engineers Private Limited (Corporate Debtor). The Operational Creditor claimed an outstanding debt of Rs. 8,62,644/- based on invoices dated 31.08.2015 and 10.09.2015. The Operational Creditor issued a demand notice on 14.08.2019. The Corporate Debtor sent a payment realize agreement on 10.02.2017, acknowledging the debt and promising payment. The application was filed on 01.11.2019. The Corporate Debtor did not reply to the demand notice and did not appear before the Tribunal. The Operational Creditor is in the business of supplying
…M/s. V R V Engineers…
One of the invoices…