2003 (11) TMI 340

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....e by the learned Advocate appearing on behalf of the petitioning creditor and the company it appears that excepting the particulars of the bill which has been specifically stated in paragraph 9 of the petition the Company has already paid the bill dated 9th September, 1999 Bill No. TSI/1999-2000/073, Bill dated 31-12-1999 being No. TSI/1999-2000/110 and dated 3-1-2000 being No. TSI/1999-2000/112. ....

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...., 2000 being bill No. TSI/1999-2000/125 for a sum of Rs. 82,781 and the bill dated 29th December, 1999 being No. TSI/1999-2000/105 being a sum of Rs. 2,21,522 is due and payable by the company to the petitioning creditor excepting there is only a dispute as has been pointed out to me by Mr. Basak that the said machine is not functioning properly. In view of that there cannot be said to be that the....

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....t of Rs. 5,32,820 as submitted by Mr. Basak in 6 equal monthly insatlments. Such amount shall carry interest at the rate of 9 per cent per annum from the date of filing of this application until the payment is being made by the Company. Interest will be calculated from the date of the bill until payment. The first of such instalment is to be paid on or before the 4th day of December, 2003 and ther....