Tremco CPG (India) Private Limited, the Operational Creditor (OC), filed a Company Petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 ('IBC') read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, for initiating Corporate Insolvency Resolution Process (CIRP) of Brite Proofings Private Limited, the Corporate Debtor (CD). The alleged default amount is Rs. 18,74,53,201.59/-. The first date of default is 29.12.2022 and the last date of default is 18.01.2024.
Tremco CPG (India) Private Limited filed a petition under Section 9 of IBC to initiate CIRP against Brite Proofings Private Limited.
The alleged default amount is Rs. 18,74,53,201.59/-.
The first date of default is 29.12.2022 and the last date of default is 18.01.2024.
The Corporate Debtor claimed that the demand notice was invalid due to the constituted attorney lacking territorial authority.
The Corporate Debtor alleged pre-existing disputes concerning the quality of material supplied.
The Corporate Debtor claimed that reconciliation of accounts was pending.
The Corporate Debtor alleged that the Operational Creditor failed to provide record of Default (Form D) with the Information Utility (NeSL).
The Corporate Debtor claimed absence of invoices in the Demand Notice.
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Company Petition No.…
The first date of…
Tremco CPG (India) Private Limited, the Operational Creditor (OC), filed a Company Petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 ('IBC') read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, for initiating Corporate Insolvency Resolution Process (CIRP) of Brite Proofings Private Limited, the Corporate Debtor (CD). The alleged default amount is Rs. 18,74,53,201.59/-. The first date of default is 29.12.2022 and the last date of default is 18.01.2024.
Tremco CPG (India) Private Limited filed a petition under Section 9 of IBC to initiate CIRP against Brite Proofings Private Limited.
The alleged default amount is Rs. 18,74,53,201.59/-.
The first date of default is 29.12.2022 and the last date of default is 18.01.2024.
The Corporate Debtor claimed that the demand notice was invalid due to the constituted attorney lacking territorial authority.
The Corporate Debtor alleged pre-existing disputes concerning the quality of material supplied.
The Corporate Debtor claimed that reconciliation of accounts was pending.
The Corporate Debtor alleged that the Operational Creditor failed to provide record of Default (Form D) with the Information Utility (NeSL).
The Corporate Debtor claimed absence of invoices in the Demand Notice.
…Company Petition No.…
The first date of…