The case involves a Section 9 application under the Insolvency & Bankruptcy Code, 2016 (IBC) filed by Sudesh Ramkrishna Bhosle (Operational Creditor) seeking initiation of Corporate Insolvency Resolution Process (CIRP) against Sigma TechInfra Solutions (India) Private Limited (Corporate Debtor).
Sudesh Ramkrishna Bhosle, the Operational Creditor, filed a Company Petition under Section 9 of the IBC, 2016.
The Operational Creditor claimed a default amount of Rs. 13,26,88,000/- as of 01.10.2020.
The Operational Creditor is engaged in the business of consultancy to Real Estate Companies and had a contract with the Corporate Debtor.
The Corporate Debtor failed to provide services as agreed and failed to deposit the GST.
The Operational Creditor issued a Demand Notice under Section 8 of IBC on 23.04.2021.
The date of default falls within the period prescribed by Section 10A of the IBC.
The Corporate Debtor raised an invoice No. STSIPL/Mum/SRB/2020-21/230 dated 31.05.2020 amounting to Rs. 11,80,00,000/-.
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The date of default as…
The case involves a Section 9 application under the Insolvency & Bankruptcy Code, 2016 (IBC) filed by Sudesh Ramkrishna Bhosle (Operational Creditor) seeking initiation of Corporate Insolvency Resolution Process (CIRP) against Sigma TechInfra Solutions (India) Private Limited (Corporate Debtor).
Sudesh Ramkrishna Bhosle, the Operational Creditor, filed a Company Petition under Section 9 of the IBC, 2016.
The Operational Creditor claimed a default amount of Rs. 13,26,88,000/- as of 01.10.2020.
The Operational Creditor is engaged in the business of consultancy to Real Estate Companies and had a contract with the Corporate Debtor.
The Corporate Debtor failed to provide services as agreed and failed to deposit the GST.
The Operational Creditor issued a Demand Notice under Section 8 of IBC on 23.04.2021.
The date of default falls within the period prescribed by Section 10A of the IBC.
The Corporate Debtor raised an invoice No. STSIPL/Mum/SRB/2020-21/230 dated 31.05.2020 amounting to Rs. 11,80,00,000/-.
…The Company P…
The date of default as…