The Applicant, Amrit Seair Express Pvt. Ltd., filed a petition under Section 9 of the IBC, 2016 to initiate CIRP against the Corporate Debtor, Hamd Foods Pvt. Ltd., for a defaulted amount of Rs. 1,29,19,885/- plus interest at 24%.
Amrit Seair Express Pvt. Ltd. filed a petition under Section 9 of IBC, 2016 to initiate CIRP against Hamd Foods Pvt. Ltd.
The defaulted amount claimed is Rs. 1,29,19,885/- plus interest at 24%.
Amrit Seair Express Pvt. Ltd. is an Operational Creditor providing courier and clearing agent services since 1996.
Hamd Foods Pvt. Ltd. is a Corporate Debtor who availed the services of the Operational Creditor since 2017.
The Operational Creditor sent a demand notice dated 05.02.2020 to the Corporate Debtor.
The Corporate Debtor made a payment of Rs. 1,34,000.00 on 31.01.2020.
The Corporate Debtor transferred Rs. 1,57,000/- through NEFT on 06.02.2020.
The Corporate Debtor failed to appear despite several adjournments.
The petition was admitted under Section 9(5)(i) of the IBC.
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The Corporate Debtor…
Operational Creditor…
The Applicant, Amrit Seair Express Pvt. Ltd., filed a petition under Section 9 of the IBC, 2016 to initiate CIRP against the Corporate Debtor, Hamd Foods Pvt. Ltd., for a defaulted amount of Rs. 1,29,19,885/- plus interest at 24%.
Amrit Seair Express Pvt. Ltd. filed a petition under Section 9 of IBC, 2016 to initiate CIRP against Hamd Foods Pvt. Ltd.
The defaulted amount claimed is Rs. 1,29,19,885/- plus interest at 24%.
Amrit Seair Express Pvt. Ltd. is an Operational Creditor providing courier and clearing agent services since 1996.
Hamd Foods Pvt. Ltd. is a Corporate Debtor who availed the services of the Operational Creditor since 2017.
The Operational Creditor sent a demand notice dated 05.02.2020 to the Corporate Debtor.
The Corporate Debtor made a payment of Rs. 1,34,000.00 on 31.01.2020.
The Corporate Debtor transferred Rs. 1,57,000/- through NEFT on 06.02.2020.
The Corporate Debtor failed to appear despite several adjournments.
The petition was admitted under Section 9(5)(i) of the IBC.
…The Corporate Debtor…
Operational Creditor…