ONE97 COMMUNICATIONS LIMITED (Paytm), the Operational Creditor/Applicant, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, for initiation of Corporate Insolvency Resolution Process (CIRP) against EYEMYEYE PRIVATE LIMITED, the Corporate Debtor/Respondent, due to an outstanding operational debt of Rs.3,03,53,925.94.
One97 Communications Limited (Paytm) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate CIRP against Eyemyeye Private Limited.
The outstanding operational debt was Rs.3,03,53,925.94.
The Corporate Debtor issued its first release/purchase order to the Operational Creditor on 25.04.2022.
The Corporate Debtor made a payment of Rs.17,55,163/- on 16.07.2022 towards earlier Invoice No. 8308486508.
The Operational Creditor issued a demand notice under Section 8 of the Insolvency and Bankruptcy Code, 2016 on 01.07.2024.
The Corporate Debtor acknowledged the debt amount payable and has not raised any objections that could constitute a pre-existing dispute.
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The Corporate Debtor…
The Corporate Debtor made a payment of…
ONE97 COMMUNICATIONS LIMITED (Paytm), the Operational Creditor/Applicant, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, for initiation of Corporate Insolvency Resolution Process (CIRP) against EYEMYEYE PRIVATE LIMITED, the Corporate Debtor/Respondent, due to an outstanding operational debt of Rs.3,03,53,925.94.
One97 Communications Limited (Paytm) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate CIRP against Eyemyeye Private Limited.
The outstanding operational debt was Rs.3,03,53,925.94.
The Corporate Debtor issued its first release/purchase order to the Operational Creditor on 25.04.2022.
The Corporate Debtor made a payment of Rs.17,55,163/- on 16.07.2022 towards earlier Invoice No. 8308486508.
The Operational Creditor issued a demand notice under Section 8 of the Insolvency and Bankruptcy Code, 2016 on 01.07.2024.
The Corporate Debtor acknowledged the debt amount payable and has not raised any objections that could constitute a pre-existing dispute.
…The Corporate Debtor…
The Corporate Debtor made a payment of…