Almin Extrusion, an Operational Creditor, through its partner Mr. Punit Harivadan Patel, filed a Company Petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) to initiate Corporate Insolvency Resolution Process (CIRP) against M/s Medioint Lifescience Private Limited, the Corporate Debtor. The petition alleges a default in payment of outstanding debts amounting to Rs. 1,19,15,339.00/-, including interest. The Operational Creditor supplied Aluminium Collapsible Printed Tubes and Laminated Tubes to the Corporate Debtor over continuous business transactions. Out of 32 tax invoices raised, 23 invoices remained unpaid, resulting in a principal outstanding amount of Rs. 1,12,73,149/-.
Almin Extrusion (Operational Creditor) filed a Company Petition under Section 9 of the IBC, 2016, against M/s Medioint Lifescience Private Limited (Corporate Debtor).
The petition seeks to initiate Corporate Insolvency Resolution Process (CIRP) due to a default in payment of outstanding debts amounting to Rs. 1,19,15,339.00/-, including interest.
The principal amount outstanding from 23 unpaid invoices is Rs. 1,12,73,149/-.
Almin Extrusion supplied Aluminium Collapsible Printed Tubes and Laminated Tubes to M/s Medioint Lifescience Private Limited, which were accepted and consumed.
A Legal cum Demand notice dated 26.10.2024 was sent to the Corporate Debtor via speed post and email to its Key Managerial Personnel (KMP).
…Sign in to view the parties.
Partner's meeting issued an authority letter…
Legal cum Demand notice in Forms 3 and 4 sent…
Sign in to view related legal provisions.
Almin Extrusion, an Operational Creditor, through its partner Mr. Punit Harivadan Patel, filed a Company Petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) to initiate Corporate Insolvency Resolution Process (CIRP) against M/s Medioint Lifescience Private Limited, the Corporate Debtor. The petition alleges a default in payment of outstanding debts amounting to Rs. 1,19,15,339.00/-, including interest. The Operational Creditor supplied Aluminium Collapsible Printed Tubes and Laminated Tubes to the Corporate Debtor over continuous business transactions. Out of 32 tax invoices raised, 23 invoices remained unpaid, resulting in a principal outstanding amount of Rs. 1,12,73,149/-.
Almin Extrusion (Operational Creditor) filed a Company Petition under Section 9 of the IBC, 2016, against M/s Medioint Lifescience Private Limited (Corporate Debtor).
The petition seeks to initiate Corporate Insolvency Resolution Process (CIRP) due to a default in payment of outstanding debts amounting to Rs. 1,19,15,339.00/-, including interest.
The principal amount outstanding from 23 unpaid invoices is Rs. 1,12,73,149/-.
Almin Extrusion supplied Aluminium Collapsible Printed Tubes and Laminated Tubes to M/s Medioint Lifescience Private Limited, which were accepted and consumed.
A Legal cum Demand notice dated 26.10.2024 was sent to the Corporate Debtor via speed post and email to its Key Managerial Personnel (KMP).
…Partner's meeting issued an authority letter…
Legal cum Demand notice in Forms 3 and 4 sent…
Sign in to view related legal provisions.