Khandelwal Group Pvt. Ltd. filed an application under Section 9 of the IBC, seeking to initiate CIRP against Panache Construction Pvt. Ltd. for failing to pay Rs.6,64,576/- and Rs.1,00,000/- as legal expenses.
Khandelwal Group Pvt. Ltd. (Operational Creditor) filed an application under Section 9 of the IBC against Panache Construction Pvt. Ltd. (Corporate Debtor).
The claim amount was Rs.6,64,576/- plus Rs.1,00,000/- as legal expenses.
The Operational Creditor claimed to have supplied steel and steel bars to the Corporate Debtor between 04.06.2017 and 16.06.2017.
The date of default was claimed to be 23.06.2017.
The Operational Creditor issued a demand notice on 13.01.2020 under Section 8 of the IBC.
The Corporate Debtor claimed to have replied to the Section 8 notice on 25.01.2020.
The Corporate Debtor disputed the claim, stating that they only ordered and received goods worth Rs.53,374/- and had paid in full.
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Operational Creditor supplied material to…
The date of default…
Khandelwal Group Pvt. Ltd. filed an application under Section 9 of the IBC, seeking to initiate CIRP against Panache Construction Pvt. Ltd. for failing to pay Rs.6,64,576/- and Rs.1,00,000/- as legal expenses.
Khandelwal Group Pvt. Ltd. (Operational Creditor) filed an application under Section 9 of the IBC against Panache Construction Pvt. Ltd. (Corporate Debtor).
The claim amount was Rs.6,64,576/- plus Rs.1,00,000/- as legal expenses.
The Operational Creditor claimed to have supplied steel and steel bars to the Corporate Debtor between 04.06.2017 and 16.06.2017.
The date of default was claimed to be 23.06.2017.
The Operational Creditor issued a demand notice on 13.01.2020 under Section 8 of the IBC.
The Corporate Debtor claimed to have replied to the Section 8 notice on 25.01.2020.
The Corporate Debtor disputed the claim, stating that they only ordered and received goods worth Rs.53,374/- and had paid in full.
…Operational Creditor supplied material to…
The date of default…