The case involves an application (IA (IBC)/789/2023) filed by a creditor, Pattabi Enterprises, against the Corporate Debtor (Srikanth International Pvt Ltd) in the context of ongoing Corporate Insolvency Resolution Process (CIRP). The creditor asserted a claim of Rs 6,74,01,849 owed by the Corporate Debtor. The CIRP commenced on 2022-06-30.
Pattabi Enterprises, a creditor, filed an application (IA (IBC)/789/2023) asserting a claim of Rs 6,74,01,849 against Srikanth International Pvt Ltd, the Corporate Debtor. The Corporate Debtor entered Corporate Insolvency Resolution Process (CIRP) on 2022-06-30. Pattabi Enterprises submitted a letter dated 2021-06-23, purportedly written by the Corporate Debtor, but addressed to State Bank of India, without proof of receipt. Pattabi Enterprises also submitted 158 'RAW MATERIAL CHALLAN/INVOICE' documents for prawns received between 2018-07-11 and 2019-08-12, totaling over Rs 17 crores, lacking essential details like delivery vehicle information. The claim was filed on 2023-03-29, more than 180 days after the 90-day period from the CIRP commencement date of 2022-06-30,
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The case involves an application (IA (IBC)/789/2023) filed by a creditor, Pattabi Enterprises, against the Corporate Debtor (Srikanth International Pvt Ltd) in the context of ongoing Corporate Insolvency Resolution Process (CIRP). The creditor asserted a claim of Rs 6,74,01,849 owed by the Corporate Debtor. The CIRP commenced on 2022-06-30.
Pattabi Enterprises, a creditor, filed an application (IA (IBC)/789/2023) asserting a claim of Rs 6,74,01,849 against Srikanth International Pvt Ltd, the Corporate Debtor. The Corporate Debtor entered Corporate Insolvency Resolution Process (CIRP) on 2022-06-30. Pattabi Enterprises submitted a letter dated 2021-06-23, purportedly written by the Corporate Debtor, but addressed to State Bank of India, without proof of receipt. Pattabi Enterprises also submitted 158 'RAW MATERIAL CHALLAN/INVOICE' documents for prawns received between 2018-07-11 and 2019-08-12, totaling over Rs 17 crores, lacking essential details like delivery vehicle information. The claim was filed on 2023-03-29, more than 180 days after the 90-day period from the CIRP commencement date of 2022-06-30,
…Date of the letter…
Corporate Insolvency Resolution Process (CIRP)…
Sign in to view related legal provisions.