The case involves an application filed by the Liquidator of Galaxy Cosmetics Private Limited, Mathur Sabhapathy Viswanathan, against Indusspray. The CIRP for Galaxy Cosmetics was initiated on 30.08.2018, and the applicant was appointed as IRP and later continued as RP.
CIRP in respect of Galaxy Cosmetics Pvt. Ltd was initiated on 30.08.2018.
Mathur Sabhapathy Viswanathan was appointed as IRP and later continued as RP.
The Corporate Debtor allegedly did not submit books of accounts.
The Respondent owed Rs. 12,31,308.78 to the Corporate Debtor.
The Respondent filed a counter stating that the Director of the Corporate Debtor informed that the supplier had already purchased the stocks.
The Respondent claimed that the stock of the Corporate Debtor is under a contractual arrangement and not included in the definition of Liquidation Estate assets.
The Respondent has charged rent on account of the Corporate Debtor for occupying space for storing the raw material and packing material.
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CIRP in respect of…
RP was confirme…
The case involves an application filed by the Liquidator of Galaxy Cosmetics Private Limited, Mathur Sabhapathy Viswanathan, against Indusspray. The CIRP for Galaxy Cosmetics was initiated on 30.08.2018, and the applicant was appointed as IRP and later continued as RP.
CIRP in respect of Galaxy Cosmetics Pvt. Ltd was initiated on 30.08.2018.
Mathur Sabhapathy Viswanathan was appointed as IRP and later continued as RP.
The Corporate Debtor allegedly did not submit books of accounts.
The Respondent owed Rs. 12,31,308.78 to the Corporate Debtor.
The Respondent filed a counter stating that the Director of the Corporate Debtor informed that the supplier had already purchased the stocks.
The Respondent claimed that the stock of the Corporate Debtor is under a contractual arrangement and not included in the definition of Liquidation Estate assets.
The Respondent has charged rent on account of the Corporate Debtor for occupying space for storing the raw material and packing material.
…CIRP in respect of…
RP was confirme…