Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2017 (5) TMI 1507

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... the Petitioner : Mr. Joseph Pookkatt, Advocate and Mr. Dhawesh Pahuja, Advocate ORDER The present petition has been filed under the provisions of Section 9 of Insolvency and Bankruptcy code, 2016 (hereinafter referred to as the Code), praying for initiation of Insolvency Resolution process against the Respondent / Corporate Debtor. 2. The Petitioner claims to be an Operational Creditor having p .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ues. Despite notices, the corporate debtor has failed to liquidate its liability. 3. Though compliance of issuance of notice under Section 8 of the code has been made by the operational creditor which has not been responded to, we find that the claim made in the present case is barred by limitation. The last payment received by the operational creditor is dated 8th January, 2014, while the last i .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates