The case pertains to a petition filed by G.H. Prints Pvt. Ltd., the Operational Creditor, under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) against Mode Advertising & Marketing Pvt. Ltd., the Corporate Debtor, for initiating the Corporate Insolvency Resolution Process (CIRP) due to unpaid operational debt. The Operational Creditor claimed to have supplied printed materials and rendered printing services to the Corporate Debtor, for which invoices remained unpaid. The petition was supported by a board resolution authorizing Mr. Anup Kumar Dwivedi to represent G.H. Prints Pvt. Ltd.
G.H. Prints Pvt. Ltd. (Operational Creditor) filed a petition under Section 9 of the IBC, 2016, against Mode Advertising & Marketing Pvt. Ltd. (Corporate Debtor) for unpaid operational debt. G.H. Prints claimed to have supplied printed brochures, pamphlets, bills, and boarding passes, and rendered printing services to Mode Advertising between 11.04.2017 and 17.04.2017, raising invoices totaling Rs. 6,39,450. Mode Advertising made part payments, with the last payment of Rs. 1,00,000 on 13.07.2017, leaving a liability of Rs. 4,80,061 as of the date of the petition. A demand notice was sent on 11.07.2019 via speed post and email, but the postal notice was returned undelivered. The petition was supported by bank statements from HDFC Bank for the period 18.05.2017 to
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G.H. Prints Pvt. Ltd. rendered printing…
Mode Advertising & Marketing Pvt. Ltd. made the…
The case pertains to a petition filed by G.H. Prints Pvt. Ltd., the Operational Creditor, under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) against Mode Advertising & Marketing Pvt. Ltd., the Corporate Debtor, for initiating the Corporate Insolvency Resolution Process (CIRP) due to unpaid operational debt. The Operational Creditor claimed to have supplied printed materials and rendered printing services to the Corporate Debtor, for which invoices remained unpaid. The petition was supported by a board resolution authorizing Mr. Anup Kumar Dwivedi to represent G.H. Prints Pvt. Ltd.
G.H. Prints Pvt. Ltd. (Operational Creditor) filed a petition under Section 9 of the IBC, 2016, against Mode Advertising & Marketing Pvt. Ltd. (Corporate Debtor) for unpaid operational debt. G.H. Prints claimed to have supplied printed brochures, pamphlets, bills, and boarding passes, and rendered printing services to Mode Advertising between 11.04.2017 and 17.04.2017, raising invoices totaling Rs. 6,39,450. Mode Advertising made part payments, with the last payment of Rs. 1,00,000 on 13.07.2017, leaving a liability of Rs. 4,80,061 as of the date of the petition. A demand notice was sent on 11.07.2019 via speed post and email, but the postal notice was returned undelivered. The petition was supported by bank statements from HDFC Bank for the period 18.05.2017 to
…G.H. Prints Pvt. Ltd. rendered printing…
Mode Advertising & Marketing Pvt. Ltd. made the…