The case involves a Company Petition filed by Trig Detective Pvt. Ltd. (Operational Creditor) under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate Corporate Insolvency Resolution Process (CIRP) against Gorgeous Skin Private Limited (Corporate Debtor). The Operational Creditor alleges that the Corporate Debtor defaulted in making payments for security services provided over seventeen months, based on an agreement dated 01.01.2016.
Trig Detective Pvt. Ltd. (Operational Creditor) filed a petition to initiate Corporate Insolvency Resolution Process (CIRP) against Gorgeous Skin Private Limited (Corporate Debtor) due to non-payment of dues. The outstanding amount was Rs. 20,41,307/-, including a principal amount of Rs. 12,69,125/- and interest of Rs. 7,72,182/-, accruing at 24%. The debt arose from security services provided by the Operational Creditor to the Corporate Debtor over seventeen months, as per an agreement dated 01.01.2016. The Operational Creditor sent a demand letter on 01.06.2017 and subsequent reminders. The Corporate Debtor acknowledged the debt but cited financial difficulties in letters dated 18.10.2017 and 12.08.2017. The Corporate Debtor failed to clear the dues, leading to the
…Sign in to view the parties.
Date of the agreement between the Operational…
The Operational…
The case involves a Company Petition filed by Trig Detective Pvt. Ltd. (Operational Creditor) under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate Corporate Insolvency Resolution Process (CIRP) against Gorgeous Skin Private Limited (Corporate Debtor). The Operational Creditor alleges that the Corporate Debtor defaulted in making payments for security services provided over seventeen months, based on an agreement dated 01.01.2016.
Trig Detective Pvt. Ltd. (Operational Creditor) filed a petition to initiate Corporate Insolvency Resolution Process (CIRP) against Gorgeous Skin Private Limited (Corporate Debtor) due to non-payment of dues. The outstanding amount was Rs. 20,41,307/-, including a principal amount of Rs. 12,69,125/- and interest of Rs. 7,72,182/-, accruing at 24%. The debt arose from security services provided by the Operational Creditor to the Corporate Debtor over seventeen months, as per an agreement dated 01.01.2016. The Operational Creditor sent a demand letter on 01.06.2017 and subsequent reminders. The Corporate Debtor acknowledged the debt but cited financial difficulties in letters dated 18.10.2017 and 12.08.2017. The Corporate Debtor failed to clear the dues, leading to the
…Date of the agreement between the Operational…
The Operational…