The case involves an application filed by Rajkumar Brothers & Production Private Limited (Operational Creditor) under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016, against Amilionn Technologies Private Limited (Corporate Debtor) for defaulting on a payment of Rs. 2,30,62,247.90. The operational creditor claimed to have supplied goods and services based on a Master Services Agreement. The corporate debtor allegedly avoided entering into a formal agreement and issuing work orders, leading to disputes and eventual termination of the work order. The operational creditor issued a demand notice under Section 8 of the IBC, which was replied to by the corporate debtor denying liability.
Rajkumar Brothers & Production Private Limited (Operational Creditor) filed a petition against Amilionn Technologies Private Limited (Corporate Debtor) under Section 9 of the IBC, claiming a default of Rs. 2,30,62,247.90. The Operational Creditor supplied goods and services to the Corporate Debtor from July 2016 to November 2016 based on a Master Services Agreement with the Revenue, Registration & Land Records Department, Governament of Jharkand(GOJ) and Jharkhand Agency for promotion of Information Technoloby(JAP-IT) and Tera Software Limited(Prime Bidder) and Amilionn Technologies Private Limited(Consortium Member). The Operational Creditor alleged that the Corporate Debtor avoided entering into a formal agreement and issuing work orders, despite repeated
…Sign in to view the parties.
Meeting held in Hyderabad between the Directors…
Exchange of emails between the corporate…
The case involves an application filed by Rajkumar Brothers & Production Private Limited (Operational Creditor) under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016, against Amilionn Technologies Private Limited (Corporate Debtor) for defaulting on a payment of Rs. 2,30,62,247.90. The operational creditor claimed to have supplied goods and services based on a Master Services Agreement. The corporate debtor allegedly avoided entering into a formal agreement and issuing work orders, leading to disputes and eventual termination of the work order. The operational creditor issued a demand notice under Section 8 of the IBC, which was replied to by the corporate debtor denying liability.
Rajkumar Brothers & Production Private Limited (Operational Creditor) filed a petition against Amilionn Technologies Private Limited (Corporate Debtor) under Section 9 of the IBC, claiming a default of Rs. 2,30,62,247.90. The Operational Creditor supplied goods and services to the Corporate Debtor from July 2016 to November 2016 based on a Master Services Agreement with the Revenue, Registration & Land Records Department, Governament of Jharkand(GOJ) and Jharkhand Agency for promotion of Information Technoloby(JAP-IT) and Tera Software Limited(Prime Bidder) and Amilionn Technologies Private Limited(Consortium Member). The Operational Creditor alleged that the Corporate Debtor avoided entering into a formal agreement and issuing work orders, despite repeated
…Meeting held in Hyderabad between the Directors…
Exchange of emails between the corporate…