The case involves a petition filed by Omkara Assets Reconstruction Pvt. Ltd. against Shailendra Tewari, the respondent and personal guarantor, under Section 95 of the IBC, 2016. The petitioner claims default based on various deeds of guarantee and a demand notice.
The petitioner, Omkara Assets Reconstruction Pvt. Ltd., filed a petition against the respondent, Shailendra Tewari, under Section 95 of the IBC, 2016.
The petition is based on various deeds of guarantee dated 01.12.1994, 01.01.1996, 15.04.1997 & 01.01.1998.
The counsel for the petitioner stated that the date of default is 31.12.2001 and the demand notice was sent on 14.07.2021.
The counsel stated that the demand notice was sent within a period of 12 years from the date of Recovery Certificate, which is 07.05.2012.
The petition was filed on 16.07.2023.
Form C annexed with the petition states that the date of default is 22.09.2012 (after serving demand notice dated 13.08.2012).
The court noted that the date of default stated in Form C is prior to the demand notice.
Sign in to view the parties.
One of the de…
One of the de…
The case involves a petition filed by Omkara Assets Reconstruction Pvt. Ltd. against Shailendra Tewari, the respondent and personal guarantor, under Section 95 of the IBC, 2016. The petitioner claims default based on various deeds of guarantee and a demand notice.
The petitioner, Omkara Assets Reconstruction Pvt. Ltd., filed a petition against the respondent, Shailendra Tewari, under Section 95 of the IBC, 2016.
The petition is based on various deeds of guarantee dated 01.12.1994, 01.01.1996, 15.04.1997 & 01.01.1998.
The counsel for the petitioner stated that the date of default is 31.12.2001 and the demand notice was sent on 14.07.2021.
The counsel stated that the demand notice was sent within a period of 12 years from the date of Recovery Certificate, which is 07.05.2012.
The petition was filed on 16.07.2023.
Form C annexed with the petition states that the date of default is 22.09.2012 (after serving demand notice dated 13.08.2012).
The court noted that the date of default stated in Form C is prior to the demand notice.
One of the de…
One of the de…