The case involves an application filed under Section 9 of the Insolvency & Bankruptcy Code, 2016, by Ram Ratan Jagati, the sole proprietor of JJ Trading FZE (Operational Creditor), to initiate the Corporate Insolvency Resolution Process (CIRP) against Dharitrimaa Urja Private Limited (Corporate Debtor). The Operational Creditor claimed that the Corporate Debtor defaulted on payments for goods supplied, specifically crude palm oil. The Corporate Debtor is registered with ROC, NCT of Delhi & Haryana.
Ram Ratan Jagati, the sole proprietor of JJ Trading FZE, filed an application under Section 9 of the Insolvency & Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against Dharitrimaa Urja Private Limited. The Operational Creditor (JJ Trading FZE) is engaged in the business of production of ferrous and non-ferrous products, while the Corporate Debtor (Dharitrimaa Urja Private Limited) is engaged in the business of trading of metal scrap and crude palm oil. The Corporate Debtor approached the Operational Creditor for the supply of various materials, including crude palm oil, and placed orders. A total of seven transactions occurred between the parties. The Corporate Debtor made payments for six invoices, but one invoice dated
…Sign in to view the parties.
Date of the…
The Operational…
The case involves an application filed under Section 9 of the Insolvency & Bankruptcy Code, 2016, by Ram Ratan Jagati, the sole proprietor of JJ Trading FZE (Operational Creditor), to initiate the Corporate Insolvency Resolution Process (CIRP) against Dharitrimaa Urja Private Limited (Corporate Debtor). The Operational Creditor claimed that the Corporate Debtor defaulted on payments for goods supplied, specifically crude palm oil. The Corporate Debtor is registered with ROC, NCT of Delhi & Haryana.
Ram Ratan Jagati, the sole proprietor of JJ Trading FZE, filed an application under Section 9 of the Insolvency & Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against Dharitrimaa Urja Private Limited. The Operational Creditor (JJ Trading FZE) is engaged in the business of production of ferrous and non-ferrous products, while the Corporate Debtor (Dharitrimaa Urja Private Limited) is engaged in the business of trading of metal scrap and crude palm oil. The Corporate Debtor approached the Operational Creditor for the supply of various materials, including crude palm oil, and placed orders. A total of seven transactions occurred between the parties. The Corporate Debtor made payments for six invoices, but one invoice dated
…Date of the…
The Operational…