Bharat Heavy Electricals Limited (BHEL) filed an application under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, seeking directions to the Resolution Professional (RP) of Sinnar Thermal Power Limited to admit its claim submitted in Form B dated 09.04.2024. The claim arises out of supply and service contracts and an interim arbitral award.
Bharat Heavy Electricals Limited (BHEL) is the Applicant, seeking admission of its claim against Sinnar Thermal Power Limited (STPL), the Corporate Debtor.
BHEL's claim arises from supply and service contracts for two thermal power plant projects awarded by STPL, as well as an interim arbitral award dated 27.07.2017.
The Resolution Professional (RP) admitted claims under Phase I and Phase II contracts at a notional value of ₹1 each and rejected the Spares Package claim entirely.
BHEL filed its claims under FORM -B as an Operational Creditor of the CD on 09.04.2024.
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CIRP of the CD was…
Bharat Heavy Electricals Limited (BHEL) filed an application under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, seeking directions to the Resolution Professional (RP) of Sinnar Thermal Power Limited to admit its claim submitted in Form B dated 09.04.2024. The claim arises out of supply and service contracts and an interim arbitral award.
Bharat Heavy Electricals Limited (BHEL) is the Applicant, seeking admission of its claim against Sinnar Thermal Power Limited (STPL), the Corporate Debtor.
BHEL's claim arises from supply and service contracts for two thermal power plant projects awarded by STPL, as well as an interim arbitral award dated 27.07.2017.
The Resolution Professional (RP) admitted claims under Phase I and Phase II contracts at a notional value of ₹1 each and rejected the Spares Package claim entirely.
BHEL filed its claims under FORM -B as an Operational Creditor of the CD on 09.04.2024.
…Case fil…
CIRP of the CD was…