Boston Ivy Healthcare Solution Private Limited filed an application under Section 9 of the IBC to initiate CIRP against Remedium Lifecare Limited, claiming a default of Rs. 7,47,20,079/-. The Operational Creditor (OC) supplied certain chemicals to the Corporate Debtor (CD) based on purchase orders, and despite partial payments, a significant amount remained outstanding.
Boston Ivy Healthcare Solution Private Limited (Operational Creditor) filed an application under Section 9 of the IBC against Remedium Lifecare Limited (Corporate Debtor).
The Operational Creditor claimed a default of Rs. 7,47,20,079/-, including principal and interest.
The Corporate Debtor placed purchase orders for certain chemicals with the Operational Creditor.
The Operational Creditor supplied the products to the Corporate Debtor, raising invoices for a total value of Rs. 18,36,25,346.
The Corporate Debtor made partial payments amounting to Rs. 12,17,27,324, leaving a balance of Rs. 6,18,98,022 outstanding.
The Operational Creditor issued a demand notice dated 13.03.2025 to the Corporate Debtor, demanding the outstanding amount.
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The Operational Creditor, Boston Ivy…
The date of default as…
Boston Ivy Healthcare Solution Private Limited filed an application under Section 9 of the IBC to initiate CIRP against Remedium Lifecare Limited, claiming a default of Rs. 7,47,20,079/-. The Operational Creditor (OC) supplied certain chemicals to the Corporate Debtor (CD) based on purchase orders, and despite partial payments, a significant amount remained outstanding.
Boston Ivy Healthcare Solution Private Limited (Operational Creditor) filed an application under Section 9 of the IBC against Remedium Lifecare Limited (Corporate Debtor).
The Operational Creditor claimed a default of Rs. 7,47,20,079/-, including principal and interest.
The Corporate Debtor placed purchase orders for certain chemicals with the Operational Creditor.
The Operational Creditor supplied the products to the Corporate Debtor, raising invoices for a total value of Rs. 18,36,25,346.
The Corporate Debtor made partial payments amounting to Rs. 12,17,27,324, leaving a balance of Rs. 6,18,98,022 outstanding.
The Operational Creditor issued a demand notice dated 13.03.2025 to the Corporate Debtor, demanding the outstanding amount.
…The Operational Creditor, Boston Ivy…
The date of default as…