Dhanashree Electronics Limited, the operational creditor, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against DLKH Hospitality Services Private Limited, the corporate debtor, seeking initiation of the Corporate Insolvency Resolution Process (CIRP). The operational creditor claimed a default of Rs. 1,35,36,900/- including interest till 01.10.2022. The application was filed due to non-payment of license fees, service charges, and electricity charges as per agreements between the parties. The corporate debtor failed to appear in the proceedings despite multiple notices.
Dhanashree Electronics Limited (DEL), the operational creditor, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against DLKH Hospitality Services Private Limited (DLKH), the corporate debtor. DEL claimed a total default of Rs. 1,35,36,900/-, including interest till 01.10.2022. This amount comprised unpaid license fees, service charges, and electricity charges. DEL and DLKH had entered into a 'Leave and License' agreement and a 'Service Agreement' on 06.07.2017, under which DEL provided licensed premises and services to DLKH. DLKH initially paid monthly bills but stopped payments from January 2020. DEL issued a demand notice on 07.11.2022. The corporate debtor, DLKH, did not appear in court despite multiple notices, including
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Dhanashree Electronics Limited and DLKH…
DLKH Hospitality Services Private Limited…
Dhanashree Electronics Limited, the operational creditor, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against DLKH Hospitality Services Private Limited, the corporate debtor, seeking initiation of the Corporate Insolvency Resolution Process (CIRP). The operational creditor claimed a default of Rs. 1,35,36,900/- including interest till 01.10.2022. The application was filed due to non-payment of license fees, service charges, and electricity charges as per agreements between the parties. The corporate debtor failed to appear in the proceedings despite multiple notices.
Dhanashree Electronics Limited (DEL), the operational creditor, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against DLKH Hospitality Services Private Limited (DLKH), the corporate debtor. DEL claimed a total default of Rs. 1,35,36,900/-, including interest till 01.10.2022. This amount comprised unpaid license fees, service charges, and electricity charges. DEL and DLKH had entered into a 'Leave and License' agreement and a 'Service Agreement' on 06.07.2017, under which DEL provided licensed premises and services to DLKH. DLKH initially paid monthly bills but stopped payments from January 2020. DEL issued a demand notice on 07.11.2022. The corporate debtor, DLKH, did not appear in court despite multiple notices, including
…Dhanashree Electronics Limited and DLKH…
DLKH Hospitality Services Private Limited…