The case involves an application under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The applicant's counsel argued that there were three dates for making the payment of interest, with payments received until August 24, 2017, and the next payment due on August 24, 2018.
Axis Trustee Services Ltd. filed an application against Fortis Healthcare Holdings Pvt. Ltd. under Section 7 of the IBC, 2016. The applicant's counsel stated that there were three dates for interest payments, with payments received until August 24, 2017, and the next payment due on August 24, 2018. The application mentioned the date of default as September 16, 2017. The court found a discrepancy between the default date in the application and the payment due date as per the applicant's counsel's submission.
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The case involves an application under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The applicant's counsel argued that there were three dates for making the payment of interest, with payments received until August 24, 2017, and the next payment due on August 24, 2018.
Axis Trustee Services Ltd. filed an application against Fortis Healthcare Holdings Pvt. Ltd. under Section 7 of the IBC, 2016. The applicant's counsel stated that there were three dates for interest payments, with payments received until August 24, 2017, and the next payment due on August 24, 2018. The application mentioned the date of default as September 16, 2017. The court found a discrepancy between the default date in the application and the payment due date as per the applicant's counsel's submission.
Applicant re…
Date of default…
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