Walsons Services Private Limited, an operational creditor, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against Quickdel Logistics Private Limited, the corporate debtor, due to unpaid operational debt. The operational debt arose from a security services agreement executed on 04.04.2016, for providing security services at the premises of the Corporate Debtor in Tripura, Assam, and Mizoram. The Operational Creditor claimed a total debt of ₹13,04,521/-, including outstanding invoices and interest. The Corporate Debtor contested the petition, alleging disputes over the quality of service, theft of shipments, and discrepancies in invoices and payments.
Walsons Services Private Limited (Operational Creditor) and Quickdel Logistics Private Limited (Corporate Debtor) entered into a security services agreement on 04.04.2016. The Operational Creditor provided security services at the Corporate Debtor's premises in Tripura, Assam, and Mizoram. The Operational Creditor claimed an outstanding debt of ₹13,04,521/-, including ₹11,29,565/- in unpaid invoices and ₹1,74,956/- in interest up to 02.01.2018. The dates of default were stated to be from 15.11.2016 to 15.05.2017. A demand notice was issued on 19.09.2017 and served on 23.09.2017. The Corporate Debtor contested the petition, claiming non-receipt of the demand notice, disputes over service quality, theft of shipments, and discrepancies in invoices. The Corporate Debtor
…Sign in to view the parties.
Security services agreement executed between…
Dates of default are…
Walsons Services Private Limited, an operational creditor, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against Quickdel Logistics Private Limited, the corporate debtor, due to unpaid operational debt. The operational debt arose from a security services agreement executed on 04.04.2016, for providing security services at the premises of the Corporate Debtor in Tripura, Assam, and Mizoram. The Operational Creditor claimed a total debt of ₹13,04,521/-, including outstanding invoices and interest. The Corporate Debtor contested the petition, alleging disputes over the quality of service, theft of shipments, and discrepancies in invoices and payments.
Walsons Services Private Limited (Operational Creditor) and Quickdel Logistics Private Limited (Corporate Debtor) entered into a security services agreement on 04.04.2016. The Operational Creditor provided security services at the Corporate Debtor's premises in Tripura, Assam, and Mizoram. The Operational Creditor claimed an outstanding debt of ₹13,04,521/-, including ₹11,29,565/- in unpaid invoices and ₹1,74,956/- in interest up to 02.01.2018. The dates of default were stated to be from 15.11.2016 to 15.05.2017. A demand notice was issued on 19.09.2017 and served on 23.09.2017. The Corporate Debtor contested the petition, claiming non-receipt of the demand notice, disputes over service quality, theft of shipments, and discrepancies in invoices. The Corporate Debtor
…Security services agreement executed between…
Dates of default are…