The case pertains to an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 by Khandelwal Group Private Limited (Operational Creditor) against Actus Town Planners Pvt. Limited (Corporate Debtor) for initiating the Corporate Insolvency Resolution Process (CIRP).
Khandelwal Group Private Limited (Operational Creditor) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 against Actus Town Planners Pvt. Limited (Corporate Debtor).
The Operational Creditor claimed an amount of Rs.8,20,045/- based on an invoice raised on 9th October, 2017.
The Corporate Debtor made payments through three cheques, but one cheque of 7th November, 2017 was stopped on 13th November, 2017.
The Operational Creditor sent a notice under Section 8 on 26.4.2019 demanding the payment of Rs.8,20,045/-, to which no reply was given.
The Corporate Debtor raised objections regarding discrepancies in the invoice and non-receipt of notice under Section 8 of IBC.
…Sign in to view the parties.
Order delivered…
The case pertains to an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 by Khandelwal Group Private Limited (Operational Creditor) against Actus Town Planners Pvt. Limited (Corporate Debtor) for initiating the Corporate Insolvency Resolution Process (CIRP).
Khandelwal Group Private Limited (Operational Creditor) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 against Actus Town Planners Pvt. Limited (Corporate Debtor).
The Operational Creditor claimed an amount of Rs.8,20,045/- based on an invoice raised on 9th October, 2017.
The Corporate Debtor made payments through three cheques, but one cheque of 7th November, 2017 was stopped on 13th November, 2017.
The Operational Creditor sent a notice under Section 8 on 26.4.2019 demanding the payment of Rs.8,20,045/-, to which no reply was given.
The Corporate Debtor raised objections regarding discrepancies in the invoice and non-receipt of notice under Section 8 of IBC.
…Order delivered…