Transasia Bio-Medicals Limited filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) for initiating the Corporate Insolvency Resolution Process (CIRP) against Techmed Health Centre and Diagnostic Private Limited, claiming to be an Operational Creditor.
Transasia Bio-Medicals Limited filed an application under Section 9 of the IBC as an Operational Creditor.
The Corporate Debtor, Techmed Health Centre and Diagnostic Private Limited, defaulted on payments.
The default amount claimed by the Operational Creditor is Rs. 1,72,81,738/-.
The Operational Creditor issued a Demand Notice under Section 8 of the IBC to the Corporate Debtor on 13.02.2020.
The Corporate Debtor did not appear before the Tribunal, and an ex-parte order was passed on 13.08.2021.
The Operational Creditor and Corporate Debtor entered into Minimum Purchase Agreements (MPA) and Memorandum of Understanding (MOU).
The date of default mentioned in Part IV of the application is 13.03.2019.
Mr. S. Vasudevan was appointed as the Interim Resolution Professional (IRP).
…Sign in to view the parties.
The Operational Creditor issued a Demand Notice…
The Operational Creditor filed the application…
Transasia Bio-Medicals Limited filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) for initiating the Corporate Insolvency Resolution Process (CIRP) against Techmed Health Centre and Diagnostic Private Limited, claiming to be an Operational Creditor.
Transasia Bio-Medicals Limited filed an application under Section 9 of the IBC as an Operational Creditor.
The Corporate Debtor, Techmed Health Centre and Diagnostic Private Limited, defaulted on payments.
The default amount claimed by the Operational Creditor is Rs. 1,72,81,738/-.
The Operational Creditor issued a Demand Notice under Section 8 of the IBC to the Corporate Debtor on 13.02.2020.
The Corporate Debtor did not appear before the Tribunal, and an ex-parte order was passed on 13.08.2021.
The Operational Creditor and Corporate Debtor entered into Minimum Purchase Agreements (MPA) and Memorandum of Understanding (MOU).
The date of default mentioned in Part IV of the application is 13.03.2019.
Mr. S. Vasudevan was appointed as the Interim Resolution Professional (IRP).
…The Operational Creditor issued a Demand Notice…
The Operational Creditor filed the application…