Saroj Didwania, Proprietor of M/s Creations (Operational Creditor), filed a petition under Section 9 of the IBC against Standard Motocorp Private Limited (Corporate Debtor) for an alleged default of Rs. 2,03,88,070/- for civil work. The Operational Creditor claims the work was completed and acknowledged, but payment was withheld. A demand notice was issued, to which the Corporate Debtor replied, alleging pre-existing disputes regarding work quality, delays, and fabricated invoices.
Saroj Didwania, Proprietor of M/s Creations (Applicant/Operational Creditor), is engaged in civil work including construction, interior, mechanical, electrical, plumbing, and fitting works.
Standard Motocorp Private Limited (Respondent/Corporate Debtor), an automobile dealership, engaged the Applicant in 2021 for civil work at three sites: Nexa Workshop, True Value, and Nexa Showroom.
The Applicant completed the civil work at all three sites by February 2022, and this completion was acknowledged by the Respondent through various communications, including a WhatsApp group.
Bills of Quantity (BOQs) based on the work were accepted by the Respondent, with Mr. Krishna Pandey, the Respondent's authorized representative, sharing final BOQs via email on 02.05.2022.
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Standard Motocorp Private Limited engaged Saroj…
One of the showrooms was activated in July…
Saroj Didwania, Proprietor of M/s Creations (Operational Creditor), filed a petition under Section 9 of the IBC against Standard Motocorp Private Limited (Corporate Debtor) for an alleged default of Rs. 2,03,88,070/- for civil work. The Operational Creditor claims the work was completed and acknowledged, but payment was withheld. A demand notice was issued, to which the Corporate Debtor replied, alleging pre-existing disputes regarding work quality, delays, and fabricated invoices.
Saroj Didwania, Proprietor of M/s Creations (Applicant/Operational Creditor), is engaged in civil work including construction, interior, mechanical, electrical, plumbing, and fitting works.
Standard Motocorp Private Limited (Respondent/Corporate Debtor), an automobile dealership, engaged the Applicant in 2021 for civil work at three sites: Nexa Workshop, True Value, and Nexa Showroom.
The Applicant completed the civil work at all three sites by February 2022, and this completion was acknowledged by the Respondent through various communications, including a WhatsApp group.
Bills of Quantity (BOQs) based on the work were accepted by the Respondent, with Mr. Krishna Pandey, the Respondent's authorized representative, sharing final BOQs via email on 02.05.2022.
…Standard Motocorp Private Limited engaged Saroj…
One of the showrooms was activated in July…