The case involves an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016, by M/s Harshit Info Solutions Pvt. Ltd. (Operational Creditor) against Adzperform Media Pvt. Ltd. (Corporate Debtor) for initiation of Corporate Insolvency Resolution Process (CIRP). The operational creditor claimed to have provided its platform for digital advertisements and promotion to the corporate debtor. The corporate debtor raised objections, alleging fake installations and disputes regarding the services provided.
M/s Harshit Info Solutions Pvt. Ltd. (Operational Creditor) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Adzperform Media Pvt. Ltd. (Corporate Debtor) seeking initiation of Corporate Insolvency Resolution Process (CIRP). The Operational Creditor claimed to have provided its platform for digital advertisements and promotion to the Corporate Debtor. The Corporate Debtor raised objections, alleging fake installations reported by the advertising agency 'Madhouse'. The Corporate Debtor claimed that the Operational Creditor admitted to fraudulent installations and agreed to provide Value Additions. A demand notice was sent by the operational creditor on 2019-08-09. The invoice raised by the operational creditor was a 'Performa
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The case involves an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016, by M/s Harshit Info Solutions Pvt. Ltd. (Operational Creditor) against Adzperform Media Pvt. Ltd. (Corporate Debtor) for initiation of Corporate Insolvency Resolution Process (CIRP). The operational creditor claimed to have provided its platform for digital advertisements and promotion to the corporate debtor. The corporate debtor raised objections, alleging fake installations and disputes regarding the services provided.
M/s Harshit Info Solutions Pvt. Ltd. (Operational Creditor) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against Adzperform Media Pvt. Ltd. (Corporate Debtor) seeking initiation of Corporate Insolvency Resolution Process (CIRP). The Operational Creditor claimed to have provided its platform for digital advertisements and promotion to the Corporate Debtor. The Corporate Debtor raised objections, alleging fake installations reported by the advertising agency 'Madhouse'. The Corporate Debtor claimed that the Operational Creditor admitted to fraudulent installations and agreed to provide Value Additions. A demand notice was sent by the operational creditor on 2019-08-09. The invoice raised by the operational creditor was a 'Performa
…Parties executed Insertion Order for lead…
Dispute arose regarding the exact amount of…