The case originates from an application filed by M/S R.B Impex, the Operational Creditor, under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against M/S Greeneries Agro Private Limited, the Corporate Debtor, due to unpaid operational debt. The Operational Creditor claimed to have been supplying imported fresh fruits to the Corporate Debtor since September 2016. The Ministry of Corporate Affairs (Mumbai) was wrongly arrayed as a party.
M/S R.B Impex (Operational Creditor) filed an application to initiate CIRP against M/S Greeneries Agro Private Limited (Corporate Debtor) under Section 9 of the IBC, claiming an operational debt of Rs. 17,33,850/-. The debt arose from the supply of imported fresh fruits since September 2016, with purchase orders received via WhatsApp. The Operational Creditor maintained a running account for these transactions. As of 20.09.2019, the Corporate Debtor owed Rs. 17,33,850/-. The Corporate Debtor issued three cheques totaling Rs. 13,12,700/- towards part payment, but all were dishonored. A demand notice was issued on 09.10.2019, returned undelivered, and a fresh notice was issued on 02.11.2019, which was received by the Corporate Debtor on 07.11.2019. The Corporate Debtor
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Operational Creditor…
Corporate Debtor owes…
The case originates from an application filed by M/S R.B Impex, the Operational Creditor, under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against M/S Greeneries Agro Private Limited, the Corporate Debtor, due to unpaid operational debt. The Operational Creditor claimed to have been supplying imported fresh fruits to the Corporate Debtor since September 2016. The Ministry of Corporate Affairs (Mumbai) was wrongly arrayed as a party.
M/S R.B Impex (Operational Creditor) filed an application to initiate CIRP against M/S Greeneries Agro Private Limited (Corporate Debtor) under Section 9 of the IBC, claiming an operational debt of Rs. 17,33,850/-. The debt arose from the supply of imported fresh fruits since September 2016, with purchase orders received via WhatsApp. The Operational Creditor maintained a running account for these transactions. As of 20.09.2019, the Corporate Debtor owed Rs. 17,33,850/-. The Corporate Debtor issued three cheques totaling Rs. 13,12,700/- towards part payment, but all were dishonored. A demand notice was issued on 09.10.2019, returned undelivered, and a fresh notice was issued on 02.11.2019, which was received by the Corporate Debtor on 07.11.2019. The Corporate Debtor
…Operational Creditor…
Corporate Debtor owes…