9911796707
TMI Blog2020 (1) TMI 839X X X X Extracts X X X X X X X X Extracts X X X X ..... opment agreement with 'M/s. Raheja Developers Limited' on 24th July, 2012 and for all purposes it is a joint venture with 'M/s. Golden Peacock Residence Private Limited' who is a subsidiary company and reached agreement with Respondent, but asked to pay the amount to 'M/s. Golden Peacock Residence Private Limited', we hold that the application under Section 7 against 'M/s. Homestead Infrastructure Development Pvt. Ltd.'- ('Corporate Debtor') is maintainable. Appeal dismissed. - Company Appeal (At) (Insolvency) No. 173 Of 2019 - - - Dated:- 2-9-2019 - Justice S.J. Mukhopadhaya, Chairperson, A.I.S. Cheema, Judicial Member And Kanthi Narahari, Technical Member Vivek Sibal, Rahul Shar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pursuant to which the Respondent, allottee ('Financial Creditor') received Demand Notice on behalf of 'M/s. Homestead Infrastructure Development Pvt. Ltd.'- ('Corporate Debtor'). The amount was disbursed for consideration of time value of money and receipt was also issued by 'M/s. Homestead Infrastructure Development Pvt. Ltd.'- ('Corporate Debtor'). 4. On hearing learned counsel for the parties and on perusal of records, it appears that 'M/s. Homestead Infrastructure Development Pvt. Ltd.'- ('Corporate Debtor') was incorporated on 22nd November, 2011. It constituted a wholly owned subsidiary namely 'M/s. Golden Peacock Residence Private Limited' incorporated on 27th J ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rporate Debtor'. 9. The Adjudicating Authority noticed the relevant facts, including an e-mail dated 7th June, 2014 on behalf of 'M/s. Homestead Infrastructure Development Pvt. Ltd.'- ('Corporate Debtor') asking the 'Financial Creditor' to draw the cheque in the name of 'M/s. Golden Peacock Residence Private Limited', which reads as follows: Tanya [email protected] To: Sharad Vadehra [email protected] Dear Mr. Vadehra Greetings for the day, Please find below the RTGS details of Golden Peacock: Golden Peacock Residence Private Limited A/C No. 912020031148652 IFSC Code: UTIB0000056 Swift Code: ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
