The case involves a petition filed by 63Ideas Infolabs Private Limited, the Operational Creditor, under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate the Corporate Insolvency Resolution Process (CIRP) against Kanjiravelil Traders Private Limited, the Corporate Debtor, for default in repayment of an operational debt.
63Ideas Infolabs Private Limited (Operational Creditor) filed a petition under Section 9 of the IBC against Kanjiravelil Traders Private Limited (Corporate Debtor).
The Operational Creditor and Corporate Debtor entered into a Sale and Purchase Agreement dated 07.06.2024 for the supply of nutmeg.
The Corporate Debtor issued a Purchase Order dated 29.10.2024 for the supply of goods.
The Operational Creditor supplied the goods and raised Invoice No. AF-7054 dated 29.10.2024.
The Corporate Debtor received the goods but failed to make payment towards the invoice value.
The Operational Creditor served a Form 3 demand notice under Section 8 of the IBC dated 17.04.2025.
…Sign in to view the parties.
The Operational Creditor and the Corporate…
The Corporate Debtor issued a Purchase Order,…
The case involves a petition filed by 63Ideas Infolabs Private Limited, the Operational Creditor, under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate the Corporate Insolvency Resolution Process (CIRP) against Kanjiravelil Traders Private Limited, the Corporate Debtor, for default in repayment of an operational debt.
63Ideas Infolabs Private Limited (Operational Creditor) filed a petition under Section 9 of the IBC against Kanjiravelil Traders Private Limited (Corporate Debtor).
The Operational Creditor and Corporate Debtor entered into a Sale and Purchase Agreement dated 07.06.2024 for the supply of nutmeg.
The Corporate Debtor issued a Purchase Order dated 29.10.2024 for the supply of goods.
The Operational Creditor supplied the goods and raised Invoice No. AF-7054 dated 29.10.2024.
The Corporate Debtor received the goods but failed to make payment towards the invoice value.
The Operational Creditor served a Form 3 demand notice under Section 8 of the IBC dated 17.04.2025.
…The Operational Creditor and the Corporate…
The Corporate Debtor issued a Purchase Order,…