M/s Rajasthan Patrika Private Limited filed an application IA/329(MP)2023 in C.P.(IB)/56(MP)2021, seeking acceptance of its claim as a financial creditor instead of an operational creditor. The applicant had a barter agreement with JSM Devcons Pvt Ltd, the corporate debtor, to provide media coverage for their real estate projects from 2014-10-01 to 2016-09-30, valued at Rs 94,50,000. In return, the corporate debtor was to provide flats No.1606 and 1607 in "Pinnacle D Dreams" at Indore. The applicant published advertisements worth Rs 71,65,000 from 2014-10-01 to 2017-01-27. After follow-up and a legal notice dated 2017-08-14, the corporate debtor issued possession letters. However, the applicant did not receive physical possession. When CIRP was initiated
…M/s Rajasthan Patrika Private Limited (Applicant) entered into a Barter Agreement with JSM Devcons Pvt Ltd (Corporate Debtor) on 2014-09-30. Under the agreement, the Applicant was to provide media coverage for the Corporate Debtor's real estate projects from 2014-10-01 to 2016-09-30, valued at Rs 94,50,000. In consideration, the Corporate Debtor was to allot flats No.1606 and 1607 in "Pinnacle D Dreams" at Indore to the Applicant. The Applicant published advertisements worth Rs 71,65,000 in its newspaper from 2014-10-01 to 2017-01-27. Following up with the Corporate Debtor, the Applicant issued a legal notice dated 2017-08-14. The Corporate Debtor issued possession letters for the flats, confirming delivery of vacant possession. However, the Applicant did not
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M/s Rajasthan Patrika Private Limited filed an application IA/329(MP)2023 in C.P.(IB)/56(MP)2021, seeking acceptance of its claim as a financial creditor instead of an operational creditor. The applicant had a barter agreement with JSM Devcons Pvt Ltd, the corporate debtor, to provide media coverage for their real estate projects from 2014-10-01 to 2016-09-30, valued at Rs 94,50,000. In return, the corporate debtor was to provide flats No.1606 and 1607 in "Pinnacle D Dreams" at Indore. The applicant published advertisements worth Rs 71,65,000 from 2014-10-01 to 2017-01-27. After follow-up and a legal notice dated 2017-08-14, the corporate debtor issued possession letters. However, the applicant did not receive physical possession. When CIRP was initiated
…M/s Rajasthan Patrika Private Limited (Applicant) entered into a Barter Agreement with JSM Devcons Pvt Ltd (Corporate Debtor) on 2014-09-30. Under the agreement, the Applicant was to provide media coverage for the Corporate Debtor's real estate projects from 2014-10-01 to 2016-09-30, valued at Rs 94,50,000. In consideration, the Corporate Debtor was to allot flats No.1606 and 1607 in "Pinnacle D Dreams" at Indore to the Applicant. The Applicant published advertisements worth Rs 71,65,000 in its newspaper from 2014-10-01 to 2017-01-27. Following up with the Corporate Debtor, the Applicant issued a legal notice dated 2017-08-14. The Corporate Debtor issued possession letters for the flats, confirming delivery of vacant possession. However, the Applicant did not
…M/s Rajasthan Patrika Private Limited entered…
M/s Rajasthan Patrika Private Limited started…