Search Pharma Private Limited filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Vishal Mega Mart Private Limited for a default amount of Rs. 64,67,067/- including interest. The date of default was 13.01.2014. The application was a transfer from the High Court.
Search Pharma Private Limited (Operational Creditor/Applicant) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 against Vishal Mega Mart Private Limited (Corporate Debtor/Respondent).
The default amount claimed was Rs. 64,67,067/- including interest, with the date of default being 13.01.2014.
The Operational Creditor and Corporate Debtor entered into a Memorandum of Understanding dated 26.06.2009 for lease with Corporate Debtor for three years up to 29.06.2012 at a consolidated monthly rent of ₹9,00,000.
The Operational Creditor executed a Lease Deed dated 01.09.2011 and the total Lease amount thus calculated and agreed is Rs. 10,53,548/-.
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The date of de…
The winding-up…
Search Pharma Private Limited filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Vishal Mega Mart Private Limited for a default amount of Rs. 64,67,067/- including interest. The date of default was 13.01.2014. The application was a transfer from the High Court.
Search Pharma Private Limited (Operational Creditor/Applicant) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 against Vishal Mega Mart Private Limited (Corporate Debtor/Respondent).
The default amount claimed was Rs. 64,67,067/- including interest, with the date of default being 13.01.2014.
The Operational Creditor and Corporate Debtor entered into a Memorandum of Understanding dated 26.06.2009 for lease with Corporate Debtor for three years up to 29.06.2012 at a consolidated monthly rent of ₹9,00,000.
The Operational Creditor executed a Lease Deed dated 01.09.2011 and the total Lease amount thus calculated and agreed is Rs. 10,53,548/-.
…The date of de…
The winding-up…