Horizon Agrotech filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) to initiate Corporate Insolvency Resolution Process (CIRP) against Uttara Foods And Feeds Private Limited, claiming a default of INR 2,35,476/- for goods supplied. The petition was filed on 21.06.2019.
Horizon Agrotech, the Operational Creditor, filed a petition under Section 9 of the IBC to initiate CIRP against Uttara Foods And Feeds Private Limited.
The Operational Creditor claimed a default of INR 2,35,476/- towards the supply of goods.
The Corporate Debtor was incorporated on 04/06/1996.
The petition was filed on 21.06.2019.
The Corporate Debtor argued that the petition was barred by limitation.
The Corporate Debtor made payments of Rs.6,04,529/- against the total invoices of Rs.8,40,005/-.
A demand notice under Section 8 of the IB Code, 2016, dated 19.02.2019, was issued to the Corporate Debtor.
The last invoice was raised on 09.02.2015, and the last payment was made on 15.12.2016.
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Uttara Foods A…
The date of de…
Horizon Agrotech filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) to initiate Corporate Insolvency Resolution Process (CIRP) against Uttara Foods And Feeds Private Limited, claiming a default of INR 2,35,476/- for goods supplied. The petition was filed on 21.06.2019.
Horizon Agrotech, the Operational Creditor, filed a petition under Section 9 of the IBC to initiate CIRP against Uttara Foods And Feeds Private Limited.
The Operational Creditor claimed a default of INR 2,35,476/- towards the supply of goods.
The Corporate Debtor was incorporated on 04/06/1996.
The petition was filed on 21.06.2019.
The Corporate Debtor argued that the petition was barred by limitation.
The Corporate Debtor made payments of Rs.6,04,529/- against the total invoices of Rs.8,40,005/-.
A demand notice under Section 8 of the IB Code, 2016, dated 19.02.2019, was issued to the Corporate Debtor.
The last invoice was raised on 09.02.2015, and the last payment was made on 15.12.2016.
Uttara Foods A…
The date of de…