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\"\"NEW DELHI: iPhone<\/a> distributor Ingram Micro<\/a> and associate Bright Point India have dragged Essar Group-owned The Mobile Store<\/a> to the National Company Law Tribunal (NCLT<\/a>), seeking the sale of assets or liquidation of what was once the largest retailer of mobile phones in India. In their petition filed before NCLT’s Mumbai bench, Ingram Micro and Bright Point claimed total arrears of Rs 16.5 crore from The Mobile Store. ET has seen a copy of the petition.
\n
\nThis is the latest blow to the retail chain, which is winding up operations as it faces a working capital crunch with the parent making no fresh fund infusion. The India arm of US-based distribution company Ingram Micro has put outstanding amount from The Mobile Store at Rs 9.58 crore, plus Rs 2.2 crore in interest until September 30, 2017 at 24% per annum. Bright Point India has made a separate demand of Rs 3 crore, including interest. Total outstanding dues till now are estimated at nearly Rs 16.5 crore.
\n
Petitions were filed in December and heard by the designated bankruptcy<\/a> court earlier this month. The next date of hearing is February 27, said people aware of the developments.
\n
\"The Mobile Store ceased operations some time ago and they are in the process of talking to all vendors for an early resolution for matters related to supplies,\" a spokesperson from the Essar Group<\/a> company said. Ingram Micro India and Bright Point India did not comment on the matter until press time Friday.
\n
\nAccording to the petitions, the retailer is undergoing a “severe financial crisis” and acknowledged it was in an insolvent state and unable to pay arrears. The Mobile Store has shut 400-odd stores in the past 18 months and several brands have stopped supplies to it due to outstanding payments. It is also moving to an asset-light model by focusing online, people with knowledge of the matter said. There were more than 1,000 outlets five years ago, but most are closed now.
\n
\nET reported earlier that the Essar Group was evaluating options to sell a stake in The Mobile Store to a strategic investor.
\n\n<\/body>","next_sibling":[{"msid":63052325,"title":"Netflix\u2019s next 100-m users from India: Reed Hastings, Chairman, Netflix","entity_type":"ARTICLE","link":"\/news\/netflixs-next-100-m-users-from-india-reed-hastings-chairman-netflix\/63052325","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":63052356,"entity_type":"ARTICLE","title":"The Mobile store case reaches National Company Law Tribunal","synopsis":"Ingram Micro and Bright Point India petition for liquidation or sale of assets of Essar Group-owned The Mobile Store against claims of Rs 16.5 crore arrears.","titleseo":"telecomnews\/the-mobile-store-case-reaches-national-company-law-tribunal","status":"ACTIVE","authors":[{"author_name":"Gulveen Aulakh","author_link":"\/author\/19656\/gulveen-aulakh","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/19656.cms?width=100&height=100","author_additional":{"thumbsize":true,"msid":19656,"author_name":"Gulveen Aulakh","author_seo_name":"gulveen-aulakh","designation":"Assistant Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2018-02-24 08:25:19","lastupd":"2018-02-24 08:26:33","breadcrumbTags":["The Mobile Store","industry","Bankruptcy","Ingram Micro","iPhone","nclt","Essar Group"],"secinfo":{"seolocation":"telecomnews\/the-mobile-store-case-reaches-national-company-law-tribunal"}}" data-authors="[" gulveen aulakh"]" data-category-name="" data-category_id="" data-date="2018-02-24" data-index="article_1">

移动存储情况下达到国家公司法法庭

英迈国际和明亮的点印度Essar申请清算或出售资产家手机店16.5卢比的欠款。

Gulveen Aulakh
  • 更新2018年2月24日08:26点坚持
新德里消息:iPhone经销商英迈国际和副明亮点印度Essar家移动存储国家公司法法庭(NCLT),寻求资产的出售或清算曾经在印度最大的手机零售商。在他们的请愿书在NCLT孟买板凳,英迈国际和明亮的点声称从移动存储的总欠款16.5卢比。等一份请愿书。

零售链,这是最新的打击是营运资金清算业务,因为它面临着危机与父母没有新的资金注入。美国分销公司的印度子公司英迈国际已将债务总额从移动存储在9.58卢比,+ 2.2卢比兴趣直到9月30日,2017年在24%每年。明亮点印度已经成为一个单独的3卢比的需求,包括利息。全部未偿费到现在估计在近16.5卢比。

请愿书被指定12月提交,听到破产法庭本月早些时候。下一个听证会日期是2月27日说,人们意识到发展。

“移动商店停止操作前一段时间和他们交谈的过程中所有供应商为供应事宜,早日解决”的发言人爱萨集团公司说。英迈国际印度和明亮点印度并未对此事发表评论,直到周五新闻时间。

根据请愿,零售商正经历一场“严重的金融危机”,并承认这是处于资不抵债的状态,无法支付欠款。移动商店已经关闭了400多个商店在过去的18个月里和几个品牌已停止供应由于未支付。也搬到网上集中的轻资产模式,知情人士说。有1000多家门店,五年前,但现在大部分都关门了。

ET早些时候报道,Essar集团正在评估选择出售股份在移动存储战略投资者。
  • 发布于2018年2月24日08:25点坚持
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\"\"NEW DELHI: iPhone<\/a> distributor Ingram Micro<\/a> and associate Bright Point India have dragged Essar Group-owned The Mobile Store<\/a> to the National Company Law Tribunal (NCLT<\/a>), seeking the sale of assets or liquidation of what was once the largest retailer of mobile phones in India. In their petition filed before NCLT’s Mumbai bench, Ingram Micro and Bright Point claimed total arrears of Rs 16.5 crore from The Mobile Store. ET has seen a copy of the petition.
\n
\nThis is the latest blow to the retail chain, which is winding up operations as it faces a working capital crunch with the parent making no fresh fund infusion. The India arm of US-based distribution company Ingram Micro has put outstanding amount from The Mobile Store at Rs 9.58 crore, plus Rs 2.2 crore in interest until September 30, 2017 at 24% per annum. Bright Point India has made a separate demand of Rs 3 crore, including interest. Total outstanding dues till now are estimated at nearly Rs 16.5 crore.
\n
Petitions were filed in December and heard by the designated bankruptcy<\/a> court earlier this month. The next date of hearing is February 27, said people aware of the developments.
\n
\"The Mobile Store ceased operations some time ago and they are in the process of talking to all vendors for an early resolution for matters related to supplies,\" a spokesperson from the Essar Group<\/a> company said. Ingram Micro India and Bright Point India did not comment on the matter until press time Friday.
\n
\nAccording to the petitions, the retailer is undergoing a “severe financial crisis” and acknowledged it was in an insolvent state and unable to pay arrears. The Mobile Store has shut 400-odd stores in the past 18 months and several brands have stopped supplies to it due to outstanding payments. It is also moving to an asset-light model by focusing online, people with knowledge of the matter said. There were more than 1,000 outlets five years ago, but most are closed now.
\n
\nET reported earlier that the Essar Group was evaluating options to sell a stake in The Mobile Store to a strategic investor.
\n\n<\/body>","next_sibling":[{"msid":63052325,"title":"Netflix\u2019s next 100-m users from India: Reed Hastings, Chairman, Netflix","entity_type":"ARTICLE","link":"\/news\/netflixs-next-100-m-users-from-india-reed-hastings-chairman-netflix\/63052325","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":63052356,"entity_type":"ARTICLE","title":"The Mobile store case reaches National Company Law Tribunal","synopsis":"Ingram Micro and Bright Point India petition for liquidation or sale of assets of Essar Group-owned The Mobile Store against claims of Rs 16.5 crore arrears.","titleseo":"telecomnews\/the-mobile-store-case-reaches-national-company-law-tribunal","status":"ACTIVE","authors":[{"author_name":"Gulveen Aulakh","author_link":"\/author\/19656\/gulveen-aulakh","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/19656.cms?width=100&height=100","author_additional":{"thumbsize":true,"msid":19656,"author_name":"Gulveen Aulakh","author_seo_name":"gulveen-aulakh","designation":"Assistant Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2018-02-24 08:25:19","lastupd":"2018-02-24 08:26:33","breadcrumbTags":["The Mobile Store","industry","Bankruptcy","Ingram Micro","iPhone","nclt","Essar Group"],"secinfo":{"seolocation":"telecomnews\/the-mobile-store-case-reaches-national-company-law-tribunal"}}" data-news_link="//www.iser-br.com/news/the-mobile-store-case-reaches-national-company-law-tribunal/63052356">