Moksha Designs Private Limited, the Operational Creditor, filed a company petition seeking to initiate Corporate Insolvency Resolution Process (CIRP) against Omapal Technologies Private Limited, the Corporate Debtor, under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Corporate Debtor is engaged in the retail business of apparels and fashion accessories. The Operational Creditor rendered professional services such as conducting photoshoots and creating catalogue videos to the Corporate Debtor. The Corporate Debtor failed to pay a total of INR 65,28,940/- against 8 tax invoices and 3 proforma invoices.
Moksha Designs Private Limited (Operational Creditor) filed a petition to initiate Corporate Insolvency Resolution Process (CIRP) against Omapal Technologies Private Limited (Corporate Debtor) under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Corporate Debtor is in the retail business of apparels and fashion accessories, operating through flyrobe.com. The Operational Creditor provided professional services, including photoshoots and catalogue videos, under a Catalogue Services Agreement dated 2017-09-08. Services were rendered until 2018-10-31. The Corporate Debtor regularly availed these services and was invoiced bi-monthly, with a promise to pay within 7 days of invoice receipt. A total of 8 tax invoices and 3 proforma invoices, amounting to INR
…Sign in to view the parties.
Moksha Designs Private Limited and Omapal…
Moksha Designs Private Limited rendered…
Moksha Designs Private Limited, the Operational Creditor, filed a company petition seeking to initiate Corporate Insolvency Resolution Process (CIRP) against Omapal Technologies Private Limited, the Corporate Debtor, under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Corporate Debtor is engaged in the retail business of apparels and fashion accessories. The Operational Creditor rendered professional services such as conducting photoshoots and creating catalogue videos to the Corporate Debtor. The Corporate Debtor failed to pay a total of INR 65,28,940/- against 8 tax invoices and 3 proforma invoices.
Moksha Designs Private Limited (Operational Creditor) filed a petition to initiate Corporate Insolvency Resolution Process (CIRP) against Omapal Technologies Private Limited (Corporate Debtor) under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Corporate Debtor is in the retail business of apparels and fashion accessories, operating through flyrobe.com. The Operational Creditor provided professional services, including photoshoots and catalogue videos, under a Catalogue Services Agreement dated 2017-09-08. Services were rendered until 2018-10-31. The Corporate Debtor regularly availed these services and was invoiced bi-monthly, with a promise to pay within 7 days of invoice receipt. A total of 8 tax invoices and 3 proforma invoices, amounting to INR
…Moksha Designs Private Limited and Omapal…
Moksha Designs Private Limited rendered…