Ahuja International, an operational creditor, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate Corporate Insolvency Resolution Process (CIRP) against Mohid Shoes Private Limited, the corporate debtor, due to outstanding debt.
Ahuja International is an operational creditor engaged in the business of supplying leather.
Mohid Shoes Private Limited is the corporate debtor with Identification No. U19201TN2006PTC059796, incorporated on 11.05.2006.
The total outstanding debt claimed by the operational creditor is Rs. 7,53,62,481.40/-.
The date of default is stated as 29.11.2022.
The operational creditor issued a demand notice dated 14.12.2024 under Section 8 of the IBC, 2016.
The Corporate Debtor accepted consignments and made part payments, acknowledging the operational debt.
The Respondent was set ex parte vide Order Dated 22.08.2025.
The petition was filed on 28.04.2025, within the limitation period as per Article 137 of the Limitation Act.
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The stated date of…
Operational Creditor issued a Demand Notice…
Ahuja International, an operational creditor, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate Corporate Insolvency Resolution Process (CIRP) against Mohid Shoes Private Limited, the corporate debtor, due to outstanding debt.
Ahuja International is an operational creditor engaged in the business of supplying leather.
Mohid Shoes Private Limited is the corporate debtor with Identification No. U19201TN2006PTC059796, incorporated on 11.05.2006.
The total outstanding debt claimed by the operational creditor is Rs. 7,53,62,481.40/-.
The date of default is stated as 29.11.2022.
The operational creditor issued a demand notice dated 14.12.2024 under Section 8 of the IBC, 2016.
The Corporate Debtor accepted consignments and made part payments, acknowledging the operational debt.
The Respondent was set ex parte vide Order Dated 22.08.2025.
The petition was filed on 28.04.2025, within the limitation period as per Article 137 of the Limitation Act.
The stated date of…
Operational Creditor issued a Demand Notice…