Inqnest Marketing Solutions Pvt. Ltd., an operational creditor, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate the Insolvency Resolution Process against Koovs Marketing Consulting Pvt. Ltd., the respondent-corporate debtor. The petitioner claimed that the respondent-corporate debtor had defaulted on payments for marketing services availed. The respondent-corporate debtor argued that there was a pre-existing dispute regarding the rates charged for the services, which was communicated to the petitioner before the demand notice was issued.
Koovs Marketing Consulting Pvt. Ltd. wanted to avail marketing services from Inqnest Marketing Solutions Pvt. Ltd. Inqnest Marketing Solutions Pvt. Ltd. provided a rate card to Koovs Marketing Consulting Pvt. Ltd. via email on 2017-07-31. Koovs Marketing Consulting Pvt. Ltd. placed the first order with Inqnest Marketing Solutions Pvt. Ltd. on 2017-08-14. Inqnest Marketing Solutions Pvt. Ltd. raised 29 invoices, out of which 13 invoices were paid by Koovs Marketing Consulting Pvt. Ltd. Koovs Marketing Consulting Pvt. Ltd. did not pay for the rest of 16 invoices and started demanding a reduced rate card retrospectively. Koovs Marketing Consulting Pvt. Ltd. started claiming a refund of some amount. Inqnest Marketing Solutions Pvt. Ltd. issued a demand notice dated
…Sign in to view the parties.
Koovs Marketing Consulting Pvt. Ltd. made an…
Inqnest Marketing Solutions Pvt. Ltd.…
Inqnest Marketing Solutions Pvt. Ltd., an operational creditor, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate the Insolvency Resolution Process against Koovs Marketing Consulting Pvt. Ltd., the respondent-corporate debtor. The petitioner claimed that the respondent-corporate debtor had defaulted on payments for marketing services availed. The respondent-corporate debtor argued that there was a pre-existing dispute regarding the rates charged for the services, which was communicated to the petitioner before the demand notice was issued.
Koovs Marketing Consulting Pvt. Ltd. wanted to avail marketing services from Inqnest Marketing Solutions Pvt. Ltd. Inqnest Marketing Solutions Pvt. Ltd. provided a rate card to Koovs Marketing Consulting Pvt. Ltd. via email on 2017-07-31. Koovs Marketing Consulting Pvt. Ltd. placed the first order with Inqnest Marketing Solutions Pvt. Ltd. on 2017-08-14. Inqnest Marketing Solutions Pvt. Ltd. raised 29 invoices, out of which 13 invoices were paid by Koovs Marketing Consulting Pvt. Ltd. Koovs Marketing Consulting Pvt. Ltd. did not pay for the rest of 16 invoices and started demanding a reduced rate card retrospectively. Koovs Marketing Consulting Pvt. Ltd. started claiming a refund of some amount. Inqnest Marketing Solutions Pvt. Ltd. issued a demand notice dated
…Koovs Marketing Consulting Pvt. Ltd. made an…
Inqnest Marketing Solutions Pvt. Ltd.…