M/s Advance Cargo Movers (India) Pvt. Ltd. (Operational Creditor) filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against SBS Transpole Logistics Pvt. Ltd. (Corporate Debtor). The Operational Creditor claimed to have provided transportation services to the Corporate Debtor, for which an invoice was issued. The Corporate Debtor disputed the claim, alleging a pre-existing dispute and the absence of a formal contract or service order.
M/s Advance Cargo Movers (India) Pvt. Ltd. (Operational Creditor) filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against SBS Transpole Logistics Pvt. Ltd. (Corporate Debtor) for an outstanding amount of Rs. 4,22,820, including interest. The Operational Creditor claimed to have provided transportation services to the Corporate Debtor from Mumbai Port (JNPT) to Dahej, for which an invoice dated 24.09.2016 for Rs. 2,46,300 was issued. The Corporate Debtor disputed the claim, stating that there was no formal contract or service order and that a pre-existing dispute existed, as evidenced by an email dated 03.05.2017. The Corporate Debtor also argued that the Operational Creditor had not filed an affidavit in compliance with Section 9(3)(b) of
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Invoice No. 1089 for Rs. 2,46,300 was issued by…
Due date for the…
M/s Advance Cargo Movers (India) Pvt. Ltd. (Operational Creditor) filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against SBS Transpole Logistics Pvt. Ltd. (Corporate Debtor). The Operational Creditor claimed to have provided transportation services to the Corporate Debtor, for which an invoice was issued. The Corporate Debtor disputed the claim, alleging a pre-existing dispute and the absence of a formal contract or service order.
M/s Advance Cargo Movers (India) Pvt. Ltd. (Operational Creditor) filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against SBS Transpole Logistics Pvt. Ltd. (Corporate Debtor) for an outstanding amount of Rs. 4,22,820, including interest. The Operational Creditor claimed to have provided transportation services to the Corporate Debtor from Mumbai Port (JNPT) to Dahej, for which an invoice dated 24.09.2016 for Rs. 2,46,300 was issued. The Corporate Debtor disputed the claim, stating that there was no formal contract or service order and that a pre-existing dispute existed, as evidenced by an email dated 03.05.2017. The Corporate Debtor also argued that the Operational Creditor had not filed an affidavit in compliance with Section 9(3)(b) of
…Invoice No. 1089 for Rs. 2,46,300 was issued by…
Due date for the…