Telenetix Private Limited filed a Section 9 application under the Insolvency and Bankruptcy Code, 2016, against Karvy Digikonnect Limited, claiming default on operational debt.
Telenetix Private Limited ('Operational Creditor') filed a Company Petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 against Karvy Digikonnect Limited ('Corporate Debtor').
The Operational Creditor claimed a default amount of Rs. 2,58,66,900/- based on an Arbitral Award dated 28.03.2022.
The Corporate Debtor utilized the services of the Operational Creditor but failed to make payments for the period from October 2019 to February 2020.
The Operational Creditor filed a reference under Section 18(1) of the MSMED Act, 2006 before the MSEFC, Mysore on 16.02.2021, which was registered as Case No. 110/2020.
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Sole Arbitrator passed…
Operational Creditor…
Telenetix Private Limited filed a Section 9 application under the Insolvency and Bankruptcy Code, 2016, against Karvy Digikonnect Limited, claiming default on operational debt.
Telenetix Private Limited ('Operational Creditor') filed a Company Petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 against Karvy Digikonnect Limited ('Corporate Debtor').
The Operational Creditor claimed a default amount of Rs. 2,58,66,900/- based on an Arbitral Award dated 28.03.2022.
The Corporate Debtor utilized the services of the Operational Creditor but failed to make payments for the period from October 2019 to February 2020.
The Operational Creditor filed a reference under Section 18(1) of the MSMED Act, 2006 before the MSEFC, Mysore on 16.02.2021, which was registered as Case No. 110/2020.
…Sole Arbitrator passed…
Operational Creditor…