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This Article is From Sep 11, 2017

Ricoh India Taken To NCLT By Fourth Dimension Solutions

Ricoh India Taken To NCLT By Fourth Dimension Solutions
A man carries a boxed Ricoh Co. Aficio SP 100 printer in Nehru Place IT Market. (Photographer: Graham Crouch/Bloomberg)

Technology firm Ricoh India Ltd. on Monday said, Fourth Dimension Solutions (FDS) has moved National Company Law Tribunal against the company for alleged non-payment of dues.

However, the company does not agree with the claims made by FDS and is pursuing the matter through legal representation, Ricoh India said in a BSE filing.

FDS filed a petition against Ricoh India before the National Company Law Tribunal, Mumbai regarding the alleged non-payment of a disputed debit note which FDS unilaterally raised as alleged damages for a contract termination, it said.

The case was filed under Rule 6 of Insolvency and Bankruptcy Code.

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