M/s Colorplas Polyadditives LLP, an operational creditor, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate a Corporate Insolvency Resolution Process (CIRP) against Shri Shyam Madhav Polybags Pvt. Ltd., the corporate debtor. The operational creditor claimed that the corporate debtor had defaulted on payments for goods supplied, with outstanding invoices dating from August 23, 2017, to January 2, 2018, amounting to Rs. 3,15,650. The application was filed on 25.09.2021.
M/s Colorplas Polyadditives LLP (Operational Creditor) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against Shri Shyam Madhav Polybags Pvt. Ltd. (Corporate Debtor). The Operational Creditor supplied chemicals and chemical products to the Corporate Debtor. There was no dispute regarding the quantity or quality of goods at the time of delivery. The Corporate Debtor failed to pay outstanding invoices amounting to Rs. 3,15,650 for the period August 23, 2017, to January 2, 2018. The Corporate Debtor is a Private Limited Company incorporated on July 16, 2014. The Operational Creditor sent a statutory demand notice on August 5, 2020, via speed post and email. The demand notice sent
…Sign in to view the parties.
Start date of the…
End date of the…
M/s Colorplas Polyadditives LLP, an operational creditor, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate a Corporate Insolvency Resolution Process (CIRP) against Shri Shyam Madhav Polybags Pvt. Ltd., the corporate debtor. The operational creditor claimed that the corporate debtor had defaulted on payments for goods supplied, with outstanding invoices dating from August 23, 2017, to January 2, 2018, amounting to Rs. 3,15,650. The application was filed on 25.09.2021.
M/s Colorplas Polyadditives LLP (Operational Creditor) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against Shri Shyam Madhav Polybags Pvt. Ltd. (Corporate Debtor). The Operational Creditor supplied chemicals and chemical products to the Corporate Debtor. There was no dispute regarding the quantity or quality of goods at the time of delivery. The Corporate Debtor failed to pay outstanding invoices amounting to Rs. 3,15,650 for the period August 23, 2017, to January 2, 2018. The Corporate Debtor is a Private Limited Company incorporated on July 16, 2014. The Operational Creditor sent a statutory demand notice on August 5, 2020, via speed post and email. The demand notice sent
…Start date of the…
End date of the…