The case involves an application filed by Centillion Solutions & Services Pvt Ltd (Operational Creditor) under Section 9 of the Insolvency & Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against Euphoria Technologies Private Limited (Corporate Debtor) due to a default amount of Rs. 53,28,346/- and interest. The corporate debtor had approached the operational creditor for the purchase of Kodak Scanners and support service, issuing a purchase order dated 14.03.2017. The operational creditor supplied the goods and raised four invoices on 09.03.2018. A settlement agreement was entered into, acknowledging an outstanding amount of Rs. 45,55,596/- plus GST and Rs. 2,92,762/- for tax-loss. The operational creditor sent a demand
…Centillion Solutions & Services Pvt Ltd (Operational Creditor) filed an application under Section 9 of the Insolvency & Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against Euphoria Technologies Private Limited (Corporate Debtor). The default amount was Rs. 53,28,346/- plus interest. The Corporate Debtor approached the Operational Creditor for purchasing Kodak Scanners and support service, issuing a purchase order on 2017-03-14. The Operational Creditor supplied the goods and raised four invoices on 2018-03-09. A settlement agreement was entered into where the Corporate Debtor acknowledged an outstanding amount of Rs. 45,55,596/- plus GST and Rs. 2,92,762/- for tax-loss. The Operational Creditor sent a demand notice on
…Sign in to view the parties.
Corporate Debtor issued purchase order No.…
Operational Creditor raised four…
The case involves an application filed by Centillion Solutions & Services Pvt Ltd (Operational Creditor) under Section 9 of the Insolvency & Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against Euphoria Technologies Private Limited (Corporate Debtor) due to a default amount of Rs. 53,28,346/- and interest. The corporate debtor had approached the operational creditor for the purchase of Kodak Scanners and support service, issuing a purchase order dated 14.03.2017. The operational creditor supplied the goods and raised four invoices on 09.03.2018. A settlement agreement was entered into, acknowledging an outstanding amount of Rs. 45,55,596/- plus GST and Rs. 2,92,762/- for tax-loss. The operational creditor sent a demand
…Centillion Solutions & Services Pvt Ltd (Operational Creditor) filed an application under Section 9 of the Insolvency & Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against Euphoria Technologies Private Limited (Corporate Debtor). The default amount was Rs. 53,28,346/- plus interest. The Corporate Debtor approached the Operational Creditor for purchasing Kodak Scanners and support service, issuing a purchase order on 2017-03-14. The Operational Creditor supplied the goods and raised four invoices on 2018-03-09. A settlement agreement was entered into where the Corporate Debtor acknowledged an outstanding amount of Rs. 45,55,596/- plus GST and Rs. 2,92,762/- for tax-loss. The Operational Creditor sent a demand notice on
…Corporate Debtor issued purchase order No.…
Operational Creditor raised four…