Philips India Limited Vs. Goodwill Hospital & Research Centre Limited [Company Appeal (AT) (Insolvency) No. 14 of 2017]

In this case, Philips India Limited Vs. Goodwill Hospital & Research Centre Limited [Company Appeal (AT) (Insolvency) No. 14 of 2017], Operational Creditor chose two separate applications for the commencement of the Corporate Insolvency Resolution Process, citing the terms of Section 9 of the Insolvency and Bankruptcy Code, 2016, for breach in the payment of the Comprehensive Annual Maintenance Contract.

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