This is an application filed by Olevia.com, the Operational Creditor/Applicant, against Topsgrup Service (India) Limited, the Corporate Debtor, under Section 9 of the Insolvency & Bankruptcy Code, 2016, for initiating Corporate Insolvency Resolution Process (CIRP). The Operational Creditor claims a default of ₹7,80,138.25 for services rendered to the online portal of the Corporate Debtor. The Operational Creditor raised 20 invoices from 01.09.2017 to 08.06.2018 for the services rendered to the Corporate Debtor, for a principal sum of ₹6,59,922.60. The Applicant has claimed a sum of ₹1,20,138.65, making the total claim amount ₹7,80,138.25 as on 04.12.2018.
Olevia.com, an operational creditor, filed an application under Section 9 of the Insolvency & Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against Topsgrup Service (India) Limited, the corporate debtor. The claim is based on a default of ₹7,80,138.25 for services rendered. The operational creditor issued 20 invoices between 01.09.2017 and 08.06.2018 totaling ₹6,59,922.60. The total claim, including interest, amounts to ₹7,80,138.25 as of 04.12.2018. The corporate debtor initially acknowledged the debt via email on 10.08.2018 but later disputed the claim, citing deficiencies in service. The corporate debtor issued a reply notice dated 26.09.2018, disputing the demand notice. The operational creditor served the corporate
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This is an application filed by Olevia.com, the Operational Creditor/Applicant, against Topsgrup Service (India) Limited, the Corporate Debtor, under Section 9 of the Insolvency & Bankruptcy Code, 2016, for initiating Corporate Insolvency Resolution Process (CIRP). The Operational Creditor claims a default of ₹7,80,138.25 for services rendered to the online portal of the Corporate Debtor. The Operational Creditor raised 20 invoices from 01.09.2017 to 08.06.2018 for the services rendered to the Corporate Debtor, for a principal sum of ₹6,59,922.60. The Applicant has claimed a sum of ₹1,20,138.65, making the total claim amount ₹7,80,138.25 as on 04.12.2018.
Olevia.com, an operational creditor, filed an application under Section 9 of the Insolvency & Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against Topsgrup Service (India) Limited, the corporate debtor. The claim is based on a default of ₹7,80,138.25 for services rendered. The operational creditor issued 20 invoices between 01.09.2017 and 08.06.2018 totaling ₹6,59,922.60. The total claim, including interest, amounts to ₹7,80,138.25 as of 04.12.2018. The corporate debtor initially acknowledged the debt via email on 10.08.2018 but later disputed the claim, citing deficiencies in service. The corporate debtor issued a reply notice dated 26.09.2018, disputing the demand notice. The operational creditor served the corporate
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