Tata Steel Ltd. filed a petition under Section 9 of the IBC against Hi-Esteem Auto Komponents Private Limited.

The operational debt claimed is Rs. 2,01,64,219.73 with the date of default being 21.02.2024.

Two purchase orders were placed on 20.07.2023 and 14.12.2023, with a 45-day payment term for the first order.

Hi-Esteem claimed quality issues with the supplied steel, starting in 2022 and continuing into 2023.

Tata Steel sent multiple payment reminders between 17.05.2023 and 19.04.2024.

Hi-Esteem acknowledged the debt in Minutes of Meeting (MoM) dated 27.06.2023 and 21.02.2024, and in an email dated 09.05.2024.

Hi-Esteem filed a criminal complaint on 25.11.2024 regarding the theft of goods affected by quality issues.

Tata Steel filed GST statements for the goods supplied.

Tata Steel Ltd. filed a petition under Section 9 of the IBC against Hi-Esteem Auto Komponents Private Limited.

The operational debt claimed is Rs. 2,01,64,219.73 with the date of default being 21.02.2024.

Two purchase orders were placed on 20.07.2023 and 14.12.2023, with a 45-day payment term for the first order.

Hi-Esteem claimed quality issues with the supplied steel, starting in 2022 and continuing into 2023.

Tata Steel sent multiple payment reminders between 17.05.2023 and 19.04.2024.

Hi-Esteem acknowledged the debt in Minutes of Meeting (MoM) dated 27.06.2023 and 21.02.2024, and in an email dated 09.05.2024.

Hi-Esteem filed a criminal complaint on 25.11.2024 regarding the theft of goods affected by quality issues.

Tata Steel filed GST statements for the goods supplied.