The case pertains to a petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016, read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, by Sunman Corporate Services Private Limited (the operational creditor) for initiating the Corporate Insolvency Resolution Process (CIRP) against Peregrine India Logix Private Limited (the corporate debtor). The operational creditor claimed default in payment for logistics support provided to the corporate debtor.
Sunman Corporate Services Private Limited (operational creditor) filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Peregrine India Logix Private Limited (corporate debtor) for initiation of the Corporate Insolvency Resolution Process (CIRP). The operational creditor provided logistics support to the corporate debtor and claimed that invoices raised for the same were due and payable. The outstanding principal amount included Rs. 25,715/- for Invoice No. 267 dated 16.10.2018, Rs. 43,044/- for Invoice No. 307 dated 01.11.2018, Rs. 70,318/- for Invoice No. 343 dated 16.11.2018, Rs. 74,234/- for Invoice No. 380 dated 01.12.2018, and Rs. 27,668/- for Invoice No. 424 dated 17.12.2018. The operational creditor is registered under the MSME
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The case pertains to a petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016, read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, by Sunman Corporate Services Private Limited (the operational creditor) for initiating the Corporate Insolvency Resolution Process (CIRP) against Peregrine India Logix Private Limited (the corporate debtor). The operational creditor claimed default in payment for logistics support provided to the corporate debtor.
Sunman Corporate Services Private Limited (operational creditor) filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Peregrine India Logix Private Limited (corporate debtor) for initiation of the Corporate Insolvency Resolution Process (CIRP). The operational creditor provided logistics support to the corporate debtor and claimed that invoices raised for the same were due and payable. The outstanding principal amount included Rs. 25,715/- for Invoice No. 267 dated 16.10.2018, Rs. 43,044/- for Invoice No. 307 dated 01.11.2018, Rs. 70,318/- for Invoice No. 343 dated 16.11.2018, Rs. 74,234/- for Invoice No. 380 dated 01.12.2018, and Rs. 27,668/- for Invoice No. 424 dated 17.12.2018. The operational creditor is registered under the MSME
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