9911796707
TMI Blog2021 (1) TMI 144X X X X Extracts X X X X X X X X Extracts X X X X ..... o settle the issue in question, we are inclined to dispose of the Company Petition by directing the Parties to settle the issue, as proposed, by granting liberty to the Petitioner to file fresh Company Petition case, in case, the Respondent failed to settle the issue in question. Petition disposed off. - C. P. (IB) No. 189/BB/2020 - - - Dated:- 4-9-2020 - Rajeswara Rao Vittanala, Member (J) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... case, as mentioned in the Company Petition, which are relevant to the issue in question, are as follows: (1) M/s. Kunal Conchem Private Limited (Petitioner/Operational Creditor) having CIN: U24100DL2009PTC190601 and having its registered office situated at E-44, Panchsheel Park, New Delhi - 110017. (2) M/s. CK Infra Equipment Private Limited (Respondent/Corporate Debtor) was incorporated ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s. (4) By e-mail dated 15.11.2019, Corporate Debtor was informed that as per discussion with Mr. Manjunath (Representative of the Corporate Debtor) regarding the long outstanding due of ₹ 22,87,583/-., Mr. Nath committed to clear half of the total amount i.e. ₹ 11,00,000/- approx. before 30.11.2019. The Corporate Debtor further confirmed that the total outstanding amount would be ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the future interest at 18% p.a. to the Operational Creditor. 3. Heard Shri S. Simhadutta, learned Counsel for the Petitioner and Ms. S.J. Sanghvi, learned Counsel for the Respondent, through Video Conference. We have carefully perused the pleadings of the Parties and extant provisions of the Code and the rules made thereunder and the Law on the issue. 4. Shri S. Simhadutta, learned Counsel ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 9/BB/2020 is hereby disposed of by directing the Parties to settle the issue amicable between themselves, failing which the Petitioner is granted liberty to approach this Adjudicating Authority by filing appropriate Petition in accordance with law, for the same cause of action. The Registry is directed to forward a copy of this order to both Parties. No order as to costs. - - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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