The case involves an application (I.A. No.14 of 2022) filed by Dr. Gopala Krishnan M.S and Ms. Uma Gopala Krishnan against the Resolution Professional of Corporate Debtor-M/s. Yashomati Hospitals Private Limited. The applicants sought the admission of their claims and confirmation of their status as Operational Debtors under Section 5(2) of the IBC. The applicants claimed that they were partners in Aayug Multispecialty Hospital and had an agreement with the Corporate Debtor, where they were to acquire shares and be appointed as officers. They claimed dues from the Corporate Debtor.
Dr. Gopala Krishnan M.S and Ms. Uma Gopala Krishnan, partners in Aayug Multispecialty Hospital, filed a claim against Yashomati Hospitals Private Limited, the Corporate Debtor, seeking recognition as operational creditors for unpaid dues. They based their claim on a term sheet agreement where they were to acquire shares in the Corporate Debtor and be appointed as Chief Operating Officer (COO) and Medical Director, respectively. The applicants claimed amounts of Rs.1,00,84,270/-, Rs.1,12,90,000/-, and Rs.3,33,66,963/-. The Resolution Professional (RP) rejected their claims because the term sheet was unsigned by the Corporate Debtor and there was no board resolution approving their appointments. The applicants had also issued a legal notice, but it was not addressed to
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Applicants and Partnership Firm entered into an…
Mrs. Uma Gopalakrishnan…
The case involves an application (I.A. No.14 of 2022) filed by Dr. Gopala Krishnan M.S and Ms. Uma Gopala Krishnan against the Resolution Professional of Corporate Debtor-M/s. Yashomati Hospitals Private Limited. The applicants sought the admission of their claims and confirmation of their status as Operational Debtors under Section 5(2) of the IBC. The applicants claimed that they were partners in Aayug Multispecialty Hospital and had an agreement with the Corporate Debtor, where they were to acquire shares and be appointed as officers. They claimed dues from the Corporate Debtor.
Dr. Gopala Krishnan M.S and Ms. Uma Gopala Krishnan, partners in Aayug Multispecialty Hospital, filed a claim against Yashomati Hospitals Private Limited, the Corporate Debtor, seeking recognition as operational creditors for unpaid dues. They based their claim on a term sheet agreement where they were to acquire shares in the Corporate Debtor and be appointed as Chief Operating Officer (COO) and Medical Director, respectively. The applicants claimed amounts of Rs.1,00,84,270/-, Rs.1,12,90,000/-, and Rs.3,33,66,963/-. The Resolution Professional (RP) rejected their claims because the term sheet was unsigned by the Corporate Debtor and there was no board resolution approving their appointments. The applicants had also issued a legal notice, but it was not addressed to
…Applicants and Partnership Firm entered into an…
Mrs. Uma Gopalakrishnan…