Vishnu Traders, an operational creditor, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against Dee Cee Coal Carriers Pvt. Ltd., the corporate debtor, due to unpaid operational debt.
Vishnu Traders, an operational creditor, supplied biochemical products to Dee Cee Coal Carriers Pvt. Ltd. since 2021.
The operational debt claimed is Rs. 38,954,353.28 as on 31.05.2024, including a principal amount of Rs. 27,130,845 and interest of Rs. 11,823,508.28.
The default commenced from 15.11.2021 and continued up to 15.04.2022.
A demand notice under Section 8 of the IBC was issued on 04.06.2024, but no reply or notice of dispute was received from the corporate debtor.
The Adjudicating Authority directed the applicant to issue notice to the respondent, and the operational creditor served the respondent through email, speed post, and publication.
The Corporate Debtor was set as ex-parte vide order dated 30.05.2025.
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A statutory Demand Notice under Section 8 of…
The present petition was filed under Section 9…
Vishnu Traders, an operational creditor, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against Dee Cee Coal Carriers Pvt. Ltd., the corporate debtor, due to unpaid operational debt.
Vishnu Traders, an operational creditor, supplied biochemical products to Dee Cee Coal Carriers Pvt. Ltd. since 2021.
The operational debt claimed is Rs. 38,954,353.28 as on 31.05.2024, including a principal amount of Rs. 27,130,845 and interest of Rs. 11,823,508.28.
The default commenced from 15.11.2021 and continued up to 15.04.2022.
A demand notice under Section 8 of the IBC was issued on 04.06.2024, but no reply or notice of dispute was received from the corporate debtor.
The Adjudicating Authority directed the applicant to issue notice to the respondent, and the operational creditor served the respondent through email, speed post, and publication.
The Corporate Debtor was set as ex-parte vide order dated 30.05.2025.
A statutory Demand Notice under Section 8 of…
The present petition was filed under Section 9…