9911796707
TMI Blog2019 (9) TMI 1383X X X X Extracts X X X X X X X X Extracts X X X X ..... ingh, Member (T) For the Petitioner : Advocate Mr. Angad Singh i/b Law Chamber or Siddharth Murarka For the Respondent : None ORDER Per: M.K. Shrawat, Member (J) 1. A Petition on Form No. 1 was filed on 10.01.2019 by the "Operational Creditor" M/s Prabhat Steel Traders Private Limited, under section 9 of the Insolvency and Bankruptcy Code , 2016 read with Rule 4 of the Insolvency & Bankruptcy ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... As per the invoices the description of the goods supplied was stated to be "Hot Rolled& Pilled Round Bars". It has also been informed that the debt amount was confirmed by the debtor as per the statement of account for the period 1st April 2016 to 31st March 2017. Brief History of the case: 3. This case was listed in the past and the Petitioner has informed that a Reply has been filed from the si ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , it is now ascertained that the goods were supplied on demand, however, without any reason the value of the goods have not been paid by the Respondent/debtor. The Invoices raised remained unpaid. As per the Ledger Account along with the Statement of Account the outstanding debt in question was duly acknowledged by the Respondent Debtor. As a consequence, this Bench is of the view that this is a f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... iz., Mr. Bhaskar Gopal Shetty, Address : C- 77,Shanti Shopping Centre, Mira Road East, Maharashtra-401107, having registration No. IBBI/IPA-001/IPA-001/IP-P-01285/2018-19/12003is hereby appointed as Interim Resolution Professional to conduct the Insolvency Resolution Process. 7. Having admitted the Petition/Application, the provisions of Moratorium as prescribed under Section 14 of the Code shall ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... form the duties as assigned under Section 18and Section 15 of the Code and inform the progress of the CIRP as well as the compliance of the directions of this Order within 30 days to this Bench. A liberty is granted to intimate even at an early date, if need be. 10. The Petition is hereby "Admitted". The commencement of the Corporate Insolvency Resolution Process shall be effective from the date ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
