M/s Bajrang Devcon Private Limited, an Operational Creditor, filed a Company Petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against M/s Siwon Agri Private Limited, the Corporate Debtor, for initiation of Corporate Insolvency Resolution Process (CIRP) due to unpaid operational debt.
M/s Bajrang Devcon Private Limited filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against M/s Siwon Agri Private Limited.
The Operational Creditor, M/s Bajrang Devcon Private Limited, supplied Guar Churi to the Corporate Debtor, M/s Siwon Agri Private Limited.
The date of default is stated to be on 31.03.2023.
The total amount claimed in default is Rupees 1,03,40,335/-.
The Corporate Debtor failed to pay the outstanding dues despite a demand notice dated 21.08.2023.
The Corporate Debtor raised the issue of the quality of goods for the first time in its reply dated 04.06.2024.
The Adjudicating Authority found that the Corporate Debtor did not respond to the demand notice within the stipulated time.
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The date of de…
Demand notice dated…
M/s Bajrang Devcon Private Limited, an Operational Creditor, filed a Company Petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against M/s Siwon Agri Private Limited, the Corporate Debtor, for initiation of Corporate Insolvency Resolution Process (CIRP) due to unpaid operational debt.
M/s Bajrang Devcon Private Limited filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against M/s Siwon Agri Private Limited.
The Operational Creditor, M/s Bajrang Devcon Private Limited, supplied Guar Churi to the Corporate Debtor, M/s Siwon Agri Private Limited.
The date of default is stated to be on 31.03.2023.
The total amount claimed in default is Rupees 1,03,40,335/-.
The Corporate Debtor failed to pay the outstanding dues despite a demand notice dated 21.08.2023.
The Corporate Debtor raised the issue of the quality of goods for the first time in its reply dated 04.06.2024.
The Adjudicating Authority found that the Corporate Debtor did not respond to the demand notice within the stipulated time.
…The date of de…
Demand notice dated…