TaxTMI 
TaxTMI 
2021 (6) TMI 854
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....evity 'the Rules') by S.K. ENTERPRISES (for brevity 'Applicant') through Mr. Saurabh Kalra (Partner of the firm) with a prayer to initiate the Corporate Insolvency process against Trikalp Laminates Private Limited (for brevity 'Corporate Debtor'). 2. The Applicant S.K. Enterprises is a partnership firm with identification number 04ANSFS7316J1ZQ. The Applicant is engaged in the service of supplying various kinds of paper & board as well as other allied goods having its registered office at Plot No. 253 Industrial Area Phase-I Chandigarh 160002. 3. The Respondent Trikalp Laminates Private Limited is a company incorporated on 10.02.2017 under the Companies Act, 1956 having its registered office at H.No. 22 1st floor block F pocket 22 sector ....
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....6. The Corporate Debtor has not issued any reply/letter against the issue of the Demand Notice dated 17.12.2019. The Operational Creditor has complied with the mandatory provisions of Section 9(3) (b) and (c) of the Code. 7. The Applicant has filed this application on 24.02.2020 as an Operational Creditor praying for initiation of Corporate Insolvency Resolution Process of the Corporate Debtor for its inability to liquidate their claim of Rs. 31,32,820/- towards unpaid invoices for the goods supplied by the Operational Creditor. 8. Notice with respect to the application was issued to the Corporate Debtor vide order dated 03.03.2020 of the Adjudicating Authority. Further, it has been observed that neither a reply to the Demand Notice nor t....
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....e Corporate Debtor to the Operational Creditor, which it failed to pay. Therefore, the Application is admitted and the commencement of the CIRP is ordered. 12. Since the no name has been proposed hence, the Adjudicating Authority hereby appoints the interim resolution professional ("IRP"), Ms. Rukhsana Choudhary, IBBI/IPA-002/IP-P00761/2019- 2019/12374 mail id: [email protected] Phone No. 9810437527. She shall take such other and further steps as are required under the statute, more specifically in terms of Section 15, 17 and 18 of the Code and file his report within 30 days before this Bench. 13. A moratorium in terms of Section 14 of the Code is imposed forthwith in following terms: "(a) the institution of suits or continuation of pe....