Sicer Inkera Private Limited, an operational creditor, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Ramos Ceramic Private Limited, a corporate debtor, for defaulting on a payment of Rs. 1,60,48,191/-. The operational creditor supplied ceramic ink to the corporate debtor from May 18, 2020, to May 3, 2022. The corporate debtor is engaged in manufacturing and printing ceramic tiles. The operational creditor served a demand notice on January 9, 2023, which was returned undelivered. The corporate debtor confirmed the outstanding amount on March 4, 2022.
Sicer Inkera Private Limited (Operational Creditor) supplied ceramic ink to Ramos Ceramic Private Limited (Corporate Debtor) from May 18, 2020, to May 3, 2022, based on purchase instructions. The Corporate Debtor, engaged in manufacturing and printing ceramic tiles, defaulted on payments amounting to Rs. 1,60,48,191/- for invoices raised between August 5, 2021, and May 3, 2022. The Operational Creditor served a demand notice on January 9, 2023, which was returned undelivered. The Corporate Debtor confirmed the outstanding amount on March 4, 2022. The Corporate Debtor raised objections, claiming non-compliance with IBC rules and alleging fraudulent claims. The Corporate Debtor also argued that the Operational Creditor supplied lower quantities of ceramic ink, leading to
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The Corporate Debtor confirmed the…
Sicer Inkera Private Limited, an operational creditor, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Ramos Ceramic Private Limited, a corporate debtor, for defaulting on a payment of Rs. 1,60,48,191/-. The operational creditor supplied ceramic ink to the corporate debtor from May 18, 2020, to May 3, 2022. The corporate debtor is engaged in manufacturing and printing ceramic tiles. The operational creditor served a demand notice on January 9, 2023, which was returned undelivered. The corporate debtor confirmed the outstanding amount on March 4, 2022.
Sicer Inkera Private Limited (Operational Creditor) supplied ceramic ink to Ramos Ceramic Private Limited (Corporate Debtor) from May 18, 2020, to May 3, 2022, based on purchase instructions. The Corporate Debtor, engaged in manufacturing and printing ceramic tiles, defaulted on payments amounting to Rs. 1,60,48,191/- for invoices raised between August 5, 2021, and May 3, 2022. The Operational Creditor served a demand notice on January 9, 2023, which was returned undelivered. The Corporate Debtor confirmed the outstanding amount on March 4, 2022. The Corporate Debtor raised objections, claiming non-compliance with IBC rules and alleging fraudulent claims. The Corporate Debtor also argued that the Operational Creditor supplied lower quantities of ceramic ink, leading to
…M/s. Sicer Inkera Private Limited started…
The Corporate Debtor confirmed the…