The case involves an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, by DIPY ENTERPRISE (Operational Creditor) against LIFELINE MEDICAL RESEARCH & CANCER INSTITUTE (Corporate Debtor) for failure to pay an operational debt. The Operational Creditor supplied medicines to the Corporate Debtor, who allegedly failed to pay the outstanding amount. The Corporate Debtor received payment from the Health Department, Government of West Bengal under the Swasthya Sathi Scheme but did not pay the Operational Creditor.
DIPY ENTERPRISE (Operational Creditor) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against LIFELINE MEDICAL RESEARCH & CANCER INSTITUTE (Corporate Debtor) for non-payment of operational debt. The Operational Creditor supplied medicines to the Corporate Debtor. The Corporate Debtor placed orders for medicines by issuing 'medicine slips'. The Operational Creditor claims the Corporate Debtor owes Rs. 1,04,71,741/-. The Corporate Debtor acknowledged receipt of the medicines. The Corporate Debtor received payment under the Swasthya Sathi Scheme from the Government of West Bengal but allegedly did not pay the Operational Creditor. The Operational Creditor issued a legal notice on 21.02.2022, which was disputed by the Corporate
…Sign in to view the parties.
Operational Creditor issued a legal notice to…
Operational Creditor filed a commercial…
The case involves an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, by DIPY ENTERPRISE (Operational Creditor) against LIFELINE MEDICAL RESEARCH & CANCER INSTITUTE (Corporate Debtor) for failure to pay an operational debt. The Operational Creditor supplied medicines to the Corporate Debtor, who allegedly failed to pay the outstanding amount. The Corporate Debtor received payment from the Health Department, Government of West Bengal under the Swasthya Sathi Scheme but did not pay the Operational Creditor.
DIPY ENTERPRISE (Operational Creditor) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against LIFELINE MEDICAL RESEARCH & CANCER INSTITUTE (Corporate Debtor) for non-payment of operational debt. The Operational Creditor supplied medicines to the Corporate Debtor. The Corporate Debtor placed orders for medicines by issuing 'medicine slips'. The Operational Creditor claims the Corporate Debtor owes Rs. 1,04,71,741/-. The Corporate Debtor acknowledged receipt of the medicines. The Corporate Debtor received payment under the Swasthya Sathi Scheme from the Government of West Bengal but allegedly did not pay the Operational Creditor. The Operational Creditor issued a legal notice on 21.02.2022, which was disputed by the Corporate
…Operational Creditor issued a legal notice to…
Operational Creditor filed a commercial…