First Walkin Technologies Pvt., Ltd. filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate Corporate Insolvency Resolution Process (CIRP) against Coffee Day Global Limited, claiming a default of Rs. 1,75,73,690/-. The Corporate Debtor, Coffee Day Global Limited, intended to launch a digital application called 'CCD Mobile App' and engaged Fourthlion Technologies Private Limited, later assigned to First Walkin Technologies. The Operational Creditor raised invoices for services rendered, but disputes arose regarding the quality of services and payments. The Corporate Debtor disputed the amount, citing deficiencies in services and a pre-existing dispute. The Commercial Court, Bengaluru, is already hearing a suit filed by Coffee

First Walkin Technologies Pvt., Ltd. filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate Corporate Insolvency Resolution Process (CIRP) against Coffee Day Global Limited, claiming a default of Rs. 1,75,73,690/-. The Corporate Debtor, Coffee Day Global Limited, intended to launch a digital application called 'CCD Mobile App' and engaged Fourthlion Technologies Private Limited, later assigned to First Walkin Technologies. The Operational Creditor raised invoices for services rendered, but disputes arose regarding the quality of services and payments. The Corporate Debtor disputed the amount, citing deficiencies in services and a pre-existing dispute. The Commercial Court, Bengaluru, is already hearing a suit filed by Coffee