The application was filed under Section 9 of the Insolvency & Bankruptcy Code, 2016 by Operational Creditor Panda Water Tech Pvt. Ltd. to initiate the Corporate Insolvency Resolution Process against Corporate Debtor Rudrasiva Infracon Pvt Ltd. for a default principal amount of Rs. 80,00,000/- and interest of Rs. 4,77,851/-, totaling Rs. 84,77,851/-. The Operational Creditor is in the business of dealing in water plant machines. The Corporate Debtor purchased plant and machineries from the Operational Creditor between 05.06.2018 to 29.03.2019. The Operational Creditor stated that it had a running account with the Corporate Debtor and had issued various invoices between 23.08.2018 to 15.02.2019. The Operational Creditor had received part payment of Rs. 5,46,85,000/-.
…Panda Water Tech Pvt. Ltd. (Operational Creditor) filed an application under Section 9 of the Insolvency & Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against Rudrasiva Infracon Pvt Ltd (Corporate Debtor). The claim was for a default of Rs. 80,00,000/- principal and Rs. 4,77,851/- interest, totaling Rs. 84,77,851/-. The Operational Creditor is in the business of dealing in water plant machines. The Corporate Debtor purchased plant and machineries from the Operational Creditor between 05.06.2018 and 29.03.2019. The Operational Creditor stated that it had a running account with the Corporate Debtor and had issued various invoices between 23.08.2018 and 15.02.2019. The Operational Creditor received part payment of Rs.
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Corporate Debtor purchased plant and…
Operational Creditor issued various invoices to…
The application was filed under Section 9 of the Insolvency & Bankruptcy Code, 2016 by Operational Creditor Panda Water Tech Pvt. Ltd. to initiate the Corporate Insolvency Resolution Process against Corporate Debtor Rudrasiva Infracon Pvt Ltd. for a default principal amount of Rs. 80,00,000/- and interest of Rs. 4,77,851/-, totaling Rs. 84,77,851/-. The Operational Creditor is in the business of dealing in water plant machines. The Corporate Debtor purchased plant and machineries from the Operational Creditor between 05.06.2018 to 29.03.2019. The Operational Creditor stated that it had a running account with the Corporate Debtor and had issued various invoices between 23.08.2018 to 15.02.2019. The Operational Creditor had received part payment of Rs. 5,46,85,000/-.
…Panda Water Tech Pvt. Ltd. (Operational Creditor) filed an application under Section 9 of the Insolvency & Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against Rudrasiva Infracon Pvt Ltd (Corporate Debtor). The claim was for a default of Rs. 80,00,000/- principal and Rs. 4,77,851/- interest, totaling Rs. 84,77,851/-. The Operational Creditor is in the business of dealing in water plant machines. The Corporate Debtor purchased plant and machineries from the Operational Creditor between 05.06.2018 and 29.03.2019. The Operational Creditor stated that it had a running account with the Corporate Debtor and had issued various invoices between 23.08.2018 and 15.02.2019. The Operational Creditor received part payment of Rs.
…Corporate Debtor purchased plant and…
Operational Creditor issued various invoices to…