The case pertains to a Company Petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petition was filed by Shree Ayyappa Milk Centre against M/S. Kailash Parbat Hospitality Pvt. Ltd. The court convened through video conference.
Shree Ayyappa Milk Centre filed a Company Petition against M/S. Kailash Parbat Hospitality Pvt. Ltd. under Section 9 of the Insolvency and Bankruptcy Code, 2016. The court noted that the petition was filed below the threshold limit prescribed by a notification from the Ministry of Corporate Affairs dated 2020-03-24. The operational creditor was represented by Mr. Pritesh Burad, while the corporate debtor had no representation. The court dismissed the petition, allowing the petitioner to approach other legal avenues.
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Ministry of Co…
Order sheet…
The case pertains to a Company Petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petition was filed by Shree Ayyappa Milk Centre against M/S. Kailash Parbat Hospitality Pvt. Ltd. The court convened through video conference.
Shree Ayyappa Milk Centre filed a Company Petition against M/S. Kailash Parbat Hospitality Pvt. Ltd. under Section 9 of the Insolvency and Bankruptcy Code, 2016. The court noted that the petition was filed below the threshold limit prescribed by a notification from the Ministry of Corporate Affairs dated 2020-03-24. The operational creditor was represented by Mr. Pritesh Burad, while the corporate debtor had no representation. The court dismissed the petition, allowing the petitioner to approach other legal avenues.
Ministry of Co…
Order sheet…