Dolphin Offshore Enterprises (India) Ltd., the Corporate Debtor, filed an application under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, seeking directions for the release of outstanding dues from Oil and Natural Gas Corporation Limited (ONGC), Respondent No. 1, and resolution of issues related to a notice from the Department of GST, Respondent No. 2.
The Corporate Debtor was awarded two contracts by ONGC.
The Department of GST passed an order determining tax liability against the Corporate Debtor.
The Corporate Debtor filed an appeal against the GST order, which was dismissed.
The Assistant Commissioner of CGST issued a garnishee notice to ONGC, directing it to pay the amount due to the Corporate Debtor to the CGST Department.
The Corporate Debtor was admitted into CIRP.
Deep Industries Limited emerged as the Successful Resolution Applicant (SRA).
The Adjudicating Authority approved the Resolution Plan.
ONGC sought balance confirmation from the Corporate Debtor regarding the outstanding dues.
The GST Department filed an IA seeking admission of their claim, which was dismissed.
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Notification of Award Ref No. MR/OW/MM/OGIP…
Notification of Award Ref No.…
Dolphin Offshore Enterprises (India) Ltd., the Corporate Debtor, filed an application under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, seeking directions for the release of outstanding dues from Oil and Natural Gas Corporation Limited (ONGC), Respondent No. 1, and resolution of issues related to a notice from the Department of GST, Respondent No. 2.
The Corporate Debtor was awarded two contracts by ONGC.
The Department of GST passed an order determining tax liability against the Corporate Debtor.
The Corporate Debtor filed an appeal against the GST order, which was dismissed.
The Assistant Commissioner of CGST issued a garnishee notice to ONGC, directing it to pay the amount due to the Corporate Debtor to the CGST Department.
The Corporate Debtor was admitted into CIRP.
Deep Industries Limited emerged as the Successful Resolution Applicant (SRA).
The Adjudicating Authority approved the Resolution Plan.
ONGC sought balance confirmation from the Corporate Debtor regarding the outstanding dues.
The GST Department filed an IA seeking admission of their claim, which was dismissed.
…Notification of Award Ref No. MR/OW/MM/OGIP…
Notification of Award Ref No.…