Rajesh Agrawal, an Operational Creditor/Applicant, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate Corporate Insolvency Resolution Process (CIRP) against Dangayach Hotels Private Limited, the Corporate Debtor/Respondent. The applicant claimed default in payment of professional dues amounting to Rs. 3,06,058/- along with interest. The respondent contended that there was a pre-existing dispute and that the application was barred by limitation.
Rajesh Agrawal, an advocate, provided professional legal services to Dangayach Hotels Private Limited. The professional fees were to be decided mutually. The Operational Creditor raised invoices for the professional service rendered. The Corporate Debtor delayed professional fees and failed to clear seventeen unpaid invoices from 03.02.2015 to 20.11.2017. The Applicant sent reminders for pending professional fees. The Applicant issued a Demand Notice dated 12.11.2019 demanding Rs. 3,06,058/- along with interest. The Respondent contended that the Applicant failed to fulfill his part of duties, including failure to provide appropriate professional service and pending civil dispute. The Respondent approached the Applicant for representing it in a civil suit filed by one
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Invoices raised by the Operational Creditor…
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Rajesh Agrawal, an Operational Creditor/Applicant, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate Corporate Insolvency Resolution Process (CIRP) against Dangayach Hotels Private Limited, the Corporate Debtor/Respondent. The applicant claimed default in payment of professional dues amounting to Rs. 3,06,058/- along with interest. The respondent contended that there was a pre-existing dispute and that the application was barred by limitation.
Rajesh Agrawal, an advocate, provided professional legal services to Dangayach Hotels Private Limited. The professional fees were to be decided mutually. The Operational Creditor raised invoices for the professional service rendered. The Corporate Debtor delayed professional fees and failed to clear seventeen unpaid invoices from 03.02.2015 to 20.11.2017. The Applicant sent reminders for pending professional fees. The Applicant issued a Demand Notice dated 12.11.2019 demanding Rs. 3,06,058/- along with interest. The Respondent contended that the Applicant failed to fulfill his part of duties, including failure to provide appropriate professional service and pending civil dispute. The Respondent approached the Applicant for representing it in a civil suit filed by one
…Invoices raised by the Operational Creditor…
Last date of invoices raised by the…