Vista Processed Foods Pvt. Ltd. filed a company petition against Goli Vada Pav Pvt. Ltd. seeking to initiate Corporate Insolvency Resolution Process (CIRP). The petition alleges that Goli Vada Pav Pvt. Ltd. defaulted in making payments to Vista Processed Foods Pvt. Ltd. for goods and services provided under an agreement dated 05.12.2016. The operational creditor claimed a total operational debt of Rs. 3,56,04,233/-.
Vista Processed Foods Pvt. Ltd. (Operational Creditor) filed a petition against Goli Vada Pav Pvt. Ltd. (Corporate Debtor) under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate CIRP due to a default in payment. The Operational Creditor claimed an operational debt of Rs. 3,56,04,233/-. The Corporate Debtor provided goods and services to the Corporate Debtor from time to time under the Agreement dated 05.12.2016. The Operational Creditor raised invoices against the goods and services provided, and the invoices were received and accepted by the Corporate Debtor. The Corporate Debtor provided signed balance confirmations in 2020, 2021, and 2022, acknowledging the debt. The Corporate Debtor argued that the claim was barred by limitation and
…Sign in to view the parties.
Date of the agreement…
Start date of the…
Vista Processed Foods Pvt. Ltd. filed a company petition against Goli Vada Pav Pvt. Ltd. seeking to initiate Corporate Insolvency Resolution Process (CIRP). The petition alleges that Goli Vada Pav Pvt. Ltd. defaulted in making payments to Vista Processed Foods Pvt. Ltd. for goods and services provided under an agreement dated 05.12.2016. The operational creditor claimed a total operational debt of Rs. 3,56,04,233/-.
Vista Processed Foods Pvt. Ltd. (Operational Creditor) filed a petition against Goli Vada Pav Pvt. Ltd. (Corporate Debtor) under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate CIRP due to a default in payment. The Operational Creditor claimed an operational debt of Rs. 3,56,04,233/-. The Corporate Debtor provided goods and services to the Corporate Debtor from time to time under the Agreement dated 05.12.2016. The Operational Creditor raised invoices against the goods and services provided, and the invoices were received and accepted by the Corporate Debtor. The Corporate Debtor provided signed balance confirmations in 2020, 2021, and 2022, acknowledging the debt. The Corporate Debtor argued that the claim was barred by limitation and
…Date of the agreement…
Start date of the…