The case involves a petition filed by M/s. Walsons Services Private Limited (Operational Creditor) against M/s. Morevisas Immigration Services Private Limited (Corporate Debtor) under Section 9 of the Insolvency and Bankruptcy Code, 2016, read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016. The Operational Creditor provided security services to the Corporate Debtor based on a contract executed on 19.10.2016. The agreement was for a period from 05.11.2016 to 04.11.2017. The Corporate Debtor allegedly defaulted on payments for 61 invoices raised by the Operational Creditor.
M/s. Walsons Services Private Limited (Operational Creditor) filed a petition against M/s. Morevisas Immigration Services Private Limited (Corporate Debtor) under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Operational Creditor and Corporate Debtor entered into a contract on 19.10.2016 for security services. The agreement was for a period of one year from 05.11.2016 to 04.11.2017. The Operational Creditor provided security services at 10 different locations of the Corporate Debtor. The Corporate Debtor made payments in 2016, but payments became irregular in 2017. The Operational Creditor raised 61 invoices for the services rendered. The Corporate Debtor failed to make payments for these invoices. The Operational Creditor issued a demand notice on
…Sign in to view the parties.
A contract for security services arrangement…
The agreement for security services was entered…
The case involves a petition filed by M/s. Walsons Services Private Limited (Operational Creditor) against M/s. Morevisas Immigration Services Private Limited (Corporate Debtor) under Section 9 of the Insolvency and Bankruptcy Code, 2016, read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016. The Operational Creditor provided security services to the Corporate Debtor based on a contract executed on 19.10.2016. The agreement was for a period from 05.11.2016 to 04.11.2017. The Corporate Debtor allegedly defaulted on payments for 61 invoices raised by the Operational Creditor.
M/s. Walsons Services Private Limited (Operational Creditor) filed a petition against M/s. Morevisas Immigration Services Private Limited (Corporate Debtor) under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Operational Creditor and Corporate Debtor entered into a contract on 19.10.2016 for security services. The agreement was for a period of one year from 05.11.2016 to 04.11.2017. The Operational Creditor provided security services at 10 different locations of the Corporate Debtor. The Corporate Debtor made payments in 2016, but payments became irregular in 2017. The Operational Creditor raised 61 invoices for the services rendered. The Corporate Debtor failed to make payments for these invoices. The Operational Creditor issued a demand notice on
…A contract for security services arrangement…
The agreement for security services was entered…