Baghmari Tea Company Limited filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against JV Gokal & Company Pvt. Ltd. seeking commencement of CIRP, appointment of IRP, and declaration of moratorium.
Baghmari Tea Company Limited filed an application under Section 9 of the IBC against JV Gokal & Company Pvt. Ltd.
The application sought commencement of CIRP, appointment of IRP, and declaration of moratorium.
The Operational Creditor claimed a debt of Rs. 1,90,76,987.50/-.
The Corporate Debtor acknowledged the debt but failed to make complete payments.
The Operational Creditor issued a demand notice dated 11.06.2025 to the Corporate Debtor.
The Corporate Debtor filed a reply admitting the dues.
The Applicant has produced before us the record of default being Form-D which is in "deemed to be authenticated" status.
The Adjudicating Authority admitted the application and initiated CIRP.
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Baghmari Tea Company Limited filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against JV Gokal & Company Pvt. Ltd. seeking commencement of CIRP, appointment of IRP, and declaration of moratorium.
Baghmari Tea Company Limited filed an application under Section 9 of the IBC against JV Gokal & Company Pvt. Ltd.
The application sought commencement of CIRP, appointment of IRP, and declaration of moratorium.
The Operational Creditor claimed a debt of Rs. 1,90,76,987.50/-.
The Corporate Debtor acknowledged the debt but failed to make complete payments.
The Operational Creditor issued a demand notice dated 11.06.2025 to the Corporate Debtor.
The Corporate Debtor filed a reply admitting the dues.
The Applicant has produced before us the record of default being Form-D which is in "deemed to be authenticated" status.
The Adjudicating Authority admitted the application and initiated CIRP.
Notice was is…
Reply was file…