The case involves an application filed by Pooja Piyush Kabra, the Resolution Professional of Urban Transit Private Limited (Corporate Debtor), under Section 19(2) of the Insolvency and Bankruptcy Code, 2016, seeking directions against Larsen and Toubro Limited (Respondent) for non-cooperation in providing necessary information to assist in the liquidation process. The Corporate Debtor was undergoing Corporate Insolvency Resolution Process (CIRP) initiated by Godrej & Boyce Mfg. Co. Ltd. The Corporate Debtor had entered into a subcontract agreement with a consortium (LTSE) including the Respondent, to provide goods and services to Mumbai Metropolitan Region Development Authority (MMRDA) for the Mumbai Monorail project. The Resolution Professional sought information
…Godrej & Boyce Mfg. Co. Ltd. initiated Corporate Insolvency Resolution Process (CIRP) against Urban Transit Private Limited (Corporate Debtor) under Section 8 and 9 of the Insolvency and Bankruptcy Code, 2016. The petition was admitted on 2019-10-25, and Pooja Piyush Kabra was appointed as the Interim Resolution Professional (IRP). The Corporate Debtor had entered into a 'Subcontract Agreement' dated 2010-03-29, later amended on 2011-07-25, with a consortium (LTSE) including Larsen & Toubro Limited (Respondent) and Scomi Engg. BHD. The LTSE consortium had a contract with Mumbai Metropolitan Region Development Authority (MMRDA) dated 2009-01-09 for the Mumbai Monorail project. The Corporate Debtor was a 'Sub Contractor' under the agreement. The LTSE Consortium
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Order passed admitting the petition filed by…
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The case involves an application filed by Pooja Piyush Kabra, the Resolution Professional of Urban Transit Private Limited (Corporate Debtor), under Section 19(2) of the Insolvency and Bankruptcy Code, 2016, seeking directions against Larsen and Toubro Limited (Respondent) for non-cooperation in providing necessary information to assist in the liquidation process. The Corporate Debtor was undergoing Corporate Insolvency Resolution Process (CIRP) initiated by Godrej & Boyce Mfg. Co. Ltd. The Corporate Debtor had entered into a subcontract agreement with a consortium (LTSE) including the Respondent, to provide goods and services to Mumbai Metropolitan Region Development Authority (MMRDA) for the Mumbai Monorail project. The Resolution Professional sought information
…Godrej & Boyce Mfg. Co. Ltd. initiated Corporate Insolvency Resolution Process (CIRP) against Urban Transit Private Limited (Corporate Debtor) under Section 8 and 9 of the Insolvency and Bankruptcy Code, 2016. The petition was admitted on 2019-10-25, and Pooja Piyush Kabra was appointed as the Interim Resolution Professional (IRP). The Corporate Debtor had entered into a 'Subcontract Agreement' dated 2010-03-29, later amended on 2011-07-25, with a consortium (LTSE) including Larsen & Toubro Limited (Respondent) and Scomi Engg. BHD. The LTSE consortium had a contract with Mumbai Metropolitan Region Development Authority (MMRDA) dated 2009-01-09 for the Mumbai Monorail project. The Corporate Debtor was a 'Sub Contractor' under the agreement. The LTSE Consortium
…Order passed admitting the petition filed by…
Corporate Debtor entered into a…