TMI BlogIncorrect Demand Notice Halts CIRP Initiation Against Flywheel Logistics Due to Section 8 IBC Violation.Service of notice - initiation of CIRP - in the present case, the Bill / Invoice was raised against, M/s Flywheel Logistics Private Limited, whereas the mandatory demand notice under Section 8 of the 'IBC' has been served against the 'Flywheel Logistics Solutions Pvt. Ltd.' - The demand notice issued against the 'Corporate Debtor' is not a valid notice U/S 8 of the Code ..... X X X X Extracts X X X X X X X X Extracts X X X X
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