KAYMAN Records Management is an ISO 9001:2015 Certified Records Management Company
Documenting Peace of Mind

Benefits Of storing Files in
KAYMAN Records Storage Facility

  Door Step Pickup & Delivery of Files
  Scientific Indexing of Records
  Quick Retrieval of Documents
  Secure Scanning & Digitization

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Consult With Experts

Why should you not delay Records Management?

  • Companies - Big or small - Records retention is must by Law, Compliance & Statutory purposes
  • Value is immaterial - availability is a must
  • Disaster need not be abrupt, could be simmering for some time now
  • Lower than your current expenses / Return on Investment is High

Why Choose KAYMAN Records Management Services?

  • Customised Records Management Solution to suit your Business
  • Track and manage the entire life cycle of your records
  • Strict adherence to Safety, Security & Accessibility
  • Process Excellence, Scientific and systematic approach
  • Documenting peace of mind

What is the cost of storing Records?

The cost of storing records depends on the following factors.

  • Count of Boxes
  • Type of indexing
  • Process Performed
  • Digitisation, etc

However, at KAYMAN we provide Free survey and Budgetary Estimate The final cost can only be calculated after a survey of records.

Records Management Services We Offer

KAYMAN is one of the leading Records Management Companies in Chennai that offer holistic records management services.

Records and Documents Storage Services

  • Store your records at our secure offsite document storage facility.
  • Retrieve physical records on-demand
  • Retain records as long as needed by regulatory compliances
  • Pay only for what you store
  • Scale your business records storage to any extent

Records Digitization & Scanning Services

  • Go paperless with records digitization services
  • Extend the life of physical records with document scanning services
  • Turn business records, documents & images into searchable records
  • Streamline documents for easy retrieval and distribution
  • Meet compliance and ensure business continuity

Document Shredding Services

The cost of storing records depends on the following factors.

  • Maintain clean workspaces with shredding services
  • Securely dispose off records at our records storage facility
  • Prevent manipulation of historical records
  • Make use of our Industrial-grade shredders
  • Get certificate of destruction for compliance records

What our customers are Saying?

KAYMAN is one of the few Document Storage Companies in Chennai that caters to multiple industry clients for various records management services.

We rely on KAYMAN records management for our records storage. They are professionals in the information management discipline.

Leading Packaging Company

Our huge pile of records is efficiently scanned and digitized with Kayman Records Digitization Services. Helps us very much to maintain clean offices.

General Manager
Leading Logistics Company

KAYMAN helps us with Medical Records Storage. Medical documents storage is critical for meeting compliance. We digitize our medical files as well.

Leading Healthcare Company


Monthly Basis - Your files are stored in standard sized Records Management boxes and the charges are based on the count of boxes that are stored.

A Records Management box can hold 4-5 Box files or 25 - 30 Flat files (File size does matter)

We provide Doorstep Pickup & Delivery of Files

No Security deposits. No Hidden charges. - Pay for what you use

Store, safe and securely at 1/3 of the cost of renting a Flat or an Apartment

Get A Free Survey And Budgetary Estimate

Home > Blog
 Kayman Vaults Mar 14, 2022

Failure To Reply To Demand Notice U/S 8(1) Within 10 Days Does Not Preclude The Corporate Debtor From Raising The Existence Of A Dispute In A S. 9 Application: NCLAT, New Delhi

The NCLAT, Principal Bench comprising of Justice Ashok Bhushan, Chairperson, and Dr. Alok Srivastava, Technical Member, in the case of M/s. Brand Realty Services Ltd. v. M/s. Sir John Bakeries India Pvt. Ltd. held that the mere fact that the corporate debtor did not reply to the demand notice by the Operational Creditor u/s 8(1) within 10 days or that the corporate debtor did not file a reply to the demand notice does not preclude the corporate debtor from bringing on record evidence to establish a pre-existing dispute and seeking to set aside the application u/s 9 of the IBC. The Appellant, the operational creditor, filed an appeal against the order of the Adjudicating Authority rejecting the application filed u/s 9 of the Code for initiation of CIRP against the corporate debtor, M/s. Sir John Bakeries India Pvt. Ltd. In its observations, however, the Adjudicating Authority has rejected the plea of the operational creditor to dismiss the Section 9 application on the ground that the corporate debtor raised the issue of the existence of dispute in the reply to Section 8 notice as well as in the reply to the Section 9 application filed by the operational creditor, solely on the ground that the reply to the Demand Notice was not submitted as per the time mentioned in Section 8(2) of the Code. The issue that arose for consideration was- When Reply submitted by Corporate Debtor was not within 10 days from the receipt of the notice under Section 8, whether the Corporate Debtor is precluded to raise the issue of Pre-Existing Dispute before the Adjudicating Authority. The Tribunal analyzed the provisions contained in Sections 8, 9(1), and 9(5) of the IBC. Section 8(2) requires the corporate debtor to reply to the demand notice within 10 days of its receipt and bring to the notice of the operational creditor, the existence of a dispute. Section 9(1) empowers the operational creditor to file an application before the Adjudicating Authority for initiating CIRP against the Corporate Debtor, on the failure of receipt of the reply to the demand notice by the corporate debtor. The statutory scheme under Section 8 and 9 does not indicate that in an event Reply to Notice is not filed within 10 days by Corporate Debtor or no Reply to Notice under Section 8(1) have been given, the Corporate Debtor is precluded from raising the question of dispute. Section 9(5)(ii) of the Code provides that the Adjudicating Authority can reject the application if the notice of the dispute has been received by the Operational Creditor or there is a record of the dispute in the Information Utility. Thus, even if no notice of dispute has been received, but the record of the dispute is there in the Information Utility, the application u/s 9 is to be rejected by the Adjudicating Authority. The record of the dispute in the Information Utility can be pointed out by the Corporate Debtor before the Adjudicating Authority when notice is issued u/s 9 of the IBC. In reply to Section 9, the Corporate Debtor can bring material on record to show the existence of a dispute. The Tribunal relied on the judgment of Neeraj Jain Vs. Cloudwalker Streaming Technologies Private Limited (Company Appeal (AT) Ins. No. 1354 of 2019 and noted- "We thus are of the considered opinion that mere fact that Reply to notice under Section 8 (1) having not been given within 10 days or no reply to demand notice having been filed by the Corporate Debtor does not preclude the Corporate Debtor to bring relevant materials before the Adjudicating Authority to establish that there are pre-existing dispute which may lead to the rejection of Section 9 application" The NCLAT set aside the impugned order of the Adjudicating Authority and remitted the matter back the Authority for fresh consideration of the Application. Counsel for the Appellant: Mr. Pankaj Agarwal, Advocate Counsel for the Respondent: Mr. Nishant Awana, Mr. Devansh Malhotra, Advocates Source: Failure To Reply To Demand Notice U/S 8(1) Within 10 Days Does Not Preclude The Corporate Debtor From Raising The Existence Of A Dispute In A S. 9 Application: NCLAT, New Delhi (

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