The case involves an appeal against an order of the National Company Law Appellate Tribunal (NCLAT) dated September 04, 2018. The NCLAT order was related to an appeal filed by Equipment Conductors Cables Limited against an order of the National Company Law Tribunal (NCLT), Hyderabad, which had dismissed a company petition filed by Equipment Conductors Cables Limited under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016. The dispute originates from contracts awarded by Transmission Corporation of Andhra Pradesh Limited (appellant) to Equipment Conductors Cables Limited (respondent) for the supply of goods and services. Disputes arose, leading to arbitration proceedings where the Arbitral Council rejected claims based on Invoice Nos. 1-57 as time-barred but
…Transmission Corporation of Andhra Pradesh Limited (appellant) awarded contracts to Equipment Conductors Cables Limited (respondent) for goods and services. Disputes arose, leading to arbitration. The Arbitral Council rejected claims based on Invoice Nos. 1-57 as time-barred but awarded in favor of the respondent for Invoice Nos. 58-82. The respondent's attempts to execute claims related to Invoice Nos. 1-57 were unsuccessful. The respondent issued a demand notice under Section 8 of the IBC, treating the appellant as the corporate debtor. The appellant refuted this claim. The respondent filed an application under Section 9 of the IBC before the NCLT, Hyderabad, which was dismissed on April 09, 2018. The respondent appealed to the NCLAT, which issued an order on
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Arbitral Council's award: Claims based on…
Additional District Judge remanded the case…
The case involves an appeal against an order of the National Company Law Appellate Tribunal (NCLAT) dated September 04, 2018. The NCLAT order was related to an appeal filed by Equipment Conductors Cables Limited against an order of the National Company Law Tribunal (NCLT), Hyderabad, which had dismissed a company petition filed by Equipment Conductors Cables Limited under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016. The dispute originates from contracts awarded by Transmission Corporation of Andhra Pradesh Limited (appellant) to Equipment Conductors Cables Limited (respondent) for the supply of goods and services. Disputes arose, leading to arbitration proceedings where the Arbitral Council rejected claims based on Invoice Nos. 1-57 as time-barred but
…Transmission Corporation of Andhra Pradesh Limited (appellant) awarded contracts to Equipment Conductors Cables Limited (respondent) for goods and services. Disputes arose, leading to arbitration. The Arbitral Council rejected claims based on Invoice Nos. 1-57 as time-barred but awarded in favor of the respondent for Invoice Nos. 58-82. The respondent's attempts to execute claims related to Invoice Nos. 1-57 were unsuccessful. The respondent issued a demand notice under Section 8 of the IBC, treating the appellant as the corporate debtor. The appellant refuted this claim. The respondent filed an application under Section 9 of the IBC before the NCLT, Hyderabad, which was dismissed on April 09, 2018. The respondent appealed to the NCLAT, which issued an order on
…Arbitral Council's award: Claims based on…
Additional District Judge remanded the case…