The case originates from an application filed under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016, by Mr. Rang Emei Gonmei, the Operational Creditor, against M/s. Aditazz Design Technologies Private Limited, the Corporate Debtor. The Operational Creditor sought to initiate the Corporate Insolvency Resolution Process (CIRP) due to a default in payment of Rs. 3,71,86,040.00. The Corporate Debtor allegedly defaulted on payments for Architectural Design Consultancy Services provided by the Operational Creditor. The Operational Creditor fulfilled deliverables as per written agreements and raised invoices, while the Corporate Debtor made running payments but failed to settle outstanding invoices despite numerous follow-ups. A demand notice was issued on June 5,
…Mr. Rang Emei Gonmei, operating as Helix Healthcare Architecture, provided Architectural Design Consultancy Services to M/s. Aditazz Design Technologies Private Limited. The Corporate Debtor approached the Operational Creditor in October 2017 to avail these services, leading to a contract through various agreements and email instructions. The Operational Creditor fulfilled the deliverables and raised invoices. The Corporate Debtor made some running payments but defaulted on a total amount of Rs. 3,71,86,040.00, including principal and interest. A demand notice was issued on June 5, 2018, and delivered to the Corporate Debtor. The Directors of the Respondent Company replied on June 20, 2018, disclaiming connections with the Corporate Debtor. Mr. Rang Emei Gonmei filed
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The Corporate Debtor approached the Operational…
The Operational Creditor issued a demand…
The case originates from an application filed under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016, by Mr. Rang Emei Gonmei, the Operational Creditor, against M/s. Aditazz Design Technologies Private Limited, the Corporate Debtor. The Operational Creditor sought to initiate the Corporate Insolvency Resolution Process (CIRP) due to a default in payment of Rs. 3,71,86,040.00. The Corporate Debtor allegedly defaulted on payments for Architectural Design Consultancy Services provided by the Operational Creditor. The Operational Creditor fulfilled deliverables as per written agreements and raised invoices, while the Corporate Debtor made running payments but failed to settle outstanding invoices despite numerous follow-ups. A demand notice was issued on June 5,
…Mr. Rang Emei Gonmei, operating as Helix Healthcare Architecture, provided Architectural Design Consultancy Services to M/s. Aditazz Design Technologies Private Limited. The Corporate Debtor approached the Operational Creditor in October 2017 to avail these services, leading to a contract through various agreements and email instructions. The Operational Creditor fulfilled the deliverables and raised invoices. The Corporate Debtor made some running payments but defaulted on a total amount of Rs. 3,71,86,040.00, including principal and interest. A demand notice was issued on June 5, 2018, and delivered to the Corporate Debtor. The Directors of the Respondent Company replied on June 20, 2018, disclaiming connections with the Corporate Debtor. Mr. Rang Emei Gonmei filed
…The Corporate Debtor approached the Operational…
The Operational Creditor issued a demand…