The case involves an application filed by Jaldhi Overseas Pte. Ltd. (Operational Creditor/Petitioner) under Section 9 of the Insolvency & Bankruptcy Code, 2016, against RKB Global Limited (Corporate Debtor/Respondent) for initiating Corporate Insolvency Resolution Process (CIRP). The Operational Creditor claims that it provided its vessel MV SUN LUCIA for carriage of cargo under a Charter Party dated 22.04.2019 for a voyage from Port Redi to Port Rizhao at the behest of the Corporate Debtor. After completing the voyage, the Operational Creditor raised an invoice dated 26.07.2019 for USD 424,191.13 for outstanding freight, demurrage, and anchorage dues. Despite a part payment of USD 34,285 made by the Corporate Debtor on 17.01.2020, a total outstanding amount of USD
…Jaldhi Overseas Pte. Ltd. (Operational Creditor) provided its vessel MV SUN LUCIA to RKB Global Limited (Corporate Debtor) for cargo transport from Port Redi to Port Rizhao under a Charter Party dated 22.04.2019. After the voyage, the Operational Creditor issued an invoice on 26.07.2019 for USD 424,191.13 covering freight, demurrage, and anchorage. The Corporate Debtor made a partial payment of USD 34,285 on 17.01.2020, leaving a balance of USD 389,906. The Corporate Debtor initially acknowledged the debt in an email dated 09.03.2020, requesting a debit note for the balance. Later, the Corporate Debtor disputed the invoice, claiming involvement of Samruddha Resources and Tulip Polychem Private Limited. The Operational Creditor re-served a Form-3 demand notice on
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Charter Party agreement between Jaldhi…
Jaldhi Overseas Pte. Ltd. raised an invoice for…
The case involves an application filed by Jaldhi Overseas Pte. Ltd. (Operational Creditor/Petitioner) under Section 9 of the Insolvency & Bankruptcy Code, 2016, against RKB Global Limited (Corporate Debtor/Respondent) for initiating Corporate Insolvency Resolution Process (CIRP). The Operational Creditor claims that it provided its vessel MV SUN LUCIA for carriage of cargo under a Charter Party dated 22.04.2019 for a voyage from Port Redi to Port Rizhao at the behest of the Corporate Debtor. After completing the voyage, the Operational Creditor raised an invoice dated 26.07.2019 for USD 424,191.13 for outstanding freight, demurrage, and anchorage dues. Despite a part payment of USD 34,285 made by the Corporate Debtor on 17.01.2020, a total outstanding amount of USD
…Jaldhi Overseas Pte. Ltd. (Operational Creditor) provided its vessel MV SUN LUCIA to RKB Global Limited (Corporate Debtor) for cargo transport from Port Redi to Port Rizhao under a Charter Party dated 22.04.2019. After the voyage, the Operational Creditor issued an invoice on 26.07.2019 for USD 424,191.13 covering freight, demurrage, and anchorage. The Corporate Debtor made a partial payment of USD 34,285 on 17.01.2020, leaving a balance of USD 389,906. The Corporate Debtor initially acknowledged the debt in an email dated 09.03.2020, requesting a debit note for the balance. Later, the Corporate Debtor disputed the invoice, claiming involvement of Samruddha Resources and Tulip Polychem Private Limited. The Operational Creditor re-served a Form-3 demand notice on
…Charter Party agreement between Jaldhi…
Jaldhi Overseas Pte. Ltd. raised an invoice for…