M/s Bjain Pharmaceuticals Private Limited (Operational Creditor) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against M/s AMISHI CONSUMER TECHNOLOGIES PVT LTD (Corporate Debtor) to initiate Corporate Insolvency Resolution Process (CIRP). The application sought to recover an unpaid operational debt of Rs. 1,32,02,182/-, arising from goods supplied by the Operational Creditor to the Corporate Debtor, which subsequently defaulted on payments.
M/s Bjain Pharmaceuticals Private Limited (Applicant/Operational Creditor) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016.
The application seeks to initiate Corporate Insolvency Resolution Process (CIRP) against M/s AMISHI CONSUMER TECHNOLOGIES PVT LTD (Respondent/Corporate Debtor).
The alleged operational debt amounts to Rs. 1,32,02,182/-.
The Corporate Debtor's registered office is in New Delhi, granting the NCLT Bench – VI, New Delhi, territorial jurisdiction.
The Applicant is an Indian pharmaceutical company.
The Respondent is a manufacturer and supplier of personal care products.
The Respondent approached the Applicant in December 2021 to purchase goods on credit.
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M/s AMISHI CONSUMER TECHNOLOGIES PVT LTD…
Contract Manufacturing Agreement executed…
M/s Bjain Pharmaceuticals Private Limited (Operational Creditor) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against M/s AMISHI CONSUMER TECHNOLOGIES PVT LTD (Corporate Debtor) to initiate Corporate Insolvency Resolution Process (CIRP). The application sought to recover an unpaid operational debt of Rs. 1,32,02,182/-, arising from goods supplied by the Operational Creditor to the Corporate Debtor, which subsequently defaulted on payments.
M/s Bjain Pharmaceuticals Private Limited (Applicant/Operational Creditor) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016.
The application seeks to initiate Corporate Insolvency Resolution Process (CIRP) against M/s AMISHI CONSUMER TECHNOLOGIES PVT LTD (Respondent/Corporate Debtor).
The alleged operational debt amounts to Rs. 1,32,02,182/-.
The Corporate Debtor's registered office is in New Delhi, granting the NCLT Bench – VI, New Delhi, territorial jurisdiction.
The Applicant is an Indian pharmaceutical company.
The Respondent is a manufacturer and supplier of personal care products.
The Respondent approached the Applicant in December 2021 to purchase goods on credit.
…M/s AMISHI CONSUMER TECHNOLOGIES PVT LTD…
Contract Manufacturing Agreement executed…