CA 133/2019 was filed as a contempt application by the Operational Creditor. The Corporate Debtor had taken the Operational Creditor's premises on rent and continues to possess it during the resolution process. The plant and machinery of the Corporate Debtor installed in the said premises cannot be removed. The applicant is aggrieved because rent has not been paid during the CIR process, causing financial stress.
The Operational Creditor filed CA 133/2019 alleging contempt because the Corporate Debtor, Super Print Services V/s. M/s. Xalta Food and Beverages Pvt.Ltd., had rented their premises and continued to occupy it during the resolution process. The Corporate Debtor's plant and machinery remained installed on the premises. The Operational Creditor claimed that the rent was not paid during the CIR process, causing financial stress. Some members of the COC had not contributed to the CIR costs. The court scheduled a further hearing for September 19, 2019, and directed the applicant and RP to take specific actions.
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CA 133/2019 was filed as a contempt application by the Operational Creditor. The Corporate Debtor had taken the Operational Creditor's premises on rent and continues to possess it during the resolution process. The plant and machinery of the Corporate Debtor installed in the said premises cannot be removed. The applicant is aggrieved because rent has not been paid during the CIR process, causing financial stress.
The Operational Creditor filed CA 133/2019 alleging contempt because the Corporate Debtor, Super Print Services V/s. M/s. Xalta Food and Beverages Pvt.Ltd., had rented their premises and continued to occupy it during the resolution process. The Corporate Debtor's plant and machinery remained installed on the premises. The Operational Creditor claimed that the rent was not paid during the CIR process, causing financial stress. Some members of the COC had not contributed to the CIR costs. The court scheduled a further hearing for September 19, 2019, and directed the applicant and RP to take specific actions.
Hearing before the New…
Case re-notif…