Creative Capital Services Limited filed an application under Section 95(1) of the Insolvency and Bankruptcy Code (IBC), 2016, read with Rule 7 of the Insolvency and Bankruptcy Rules, 2019, to initiate the Insolvency Resolution Process against Alka Goyal (Akshaj Hi-Tech Infrastructure Private Limited), who is a personal guarantor to the corporate debtor, Akshaj Hi-Tech Infrastructure Private Limited. The applicant's counsel stated that a Demand Notice dated 19.08.2022 was issued to the personal guarantor demanding payment of the amount in default, as per Form-B, which was enclosed with the application.
Creative Capital Services Limited, the applicant/financial creditor, filed an application under Section 95(1) of the IBC, 2016, read with Rule 7 of the Insolvency and Bankruptcy Rules, 2019, against Alka Goyal (Akshaj Hi-Tech Infrastructure Private Limited), the respondent/personal guarantor, seeking to initiate the Insolvency Resolution Process. Alka Goyal is a personal guarantor to Akshaj Hi-Tech Infrastructure Private Limited, the corporate debtor. A Demand Notice dated 19.08.2022 was issued to the personal guarantor under Section 95(4)(b) of the IBC, read with Rule 7, demanding payment of the amount in default. The application included the Demand Notice in Form-B as Annexure-4. The court noted that upon filing the application, an interim moratorium under Section
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Demand Notice was issued to the personal…
Hon'ble Supreme Court of India delivered a…
Creative Capital Services Limited filed an application under Section 95(1) of the Insolvency and Bankruptcy Code (IBC), 2016, read with Rule 7 of the Insolvency and Bankruptcy Rules, 2019, to initiate the Insolvency Resolution Process against Alka Goyal (Akshaj Hi-Tech Infrastructure Private Limited), who is a personal guarantor to the corporate debtor, Akshaj Hi-Tech Infrastructure Private Limited. The applicant's counsel stated that a Demand Notice dated 19.08.2022 was issued to the personal guarantor demanding payment of the amount in default, as per Form-B, which was enclosed with the application.
Creative Capital Services Limited, the applicant/financial creditor, filed an application under Section 95(1) of the IBC, 2016, read with Rule 7 of the Insolvency and Bankruptcy Rules, 2019, against Alka Goyal (Akshaj Hi-Tech Infrastructure Private Limited), the respondent/personal guarantor, seeking to initiate the Insolvency Resolution Process. Alka Goyal is a personal guarantor to Akshaj Hi-Tech Infrastructure Private Limited, the corporate debtor. A Demand Notice dated 19.08.2022 was issued to the personal guarantor under Section 95(4)(b) of the IBC, read with Rule 7, demanding payment of the amount in default. The application included the Demand Notice in Form-B as Annexure-4. The court noted that upon filing the application, an interim moratorium under Section
…Demand Notice was issued to the personal…
Hon'ble Supreme Court of India delivered a…