2017 (7) TMI 1080

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....a, P.R. Renganatha For The Respondent : P.H. Arvindh Pandian Sr. Adv. for Vishnu Mohan ORDER Counsel for Petitioner present. Counsel for Respondent also present. Counsel for the Petitioner submitted that he has complied with the provisions of section 9(3)(b)and(c) of I&B Code, 2016 to which the Counsel for Respondent raised objection stating that the affidavit filed and the bank certifica....

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....ner under section 9 is to trigger the process of corporate Insolvency against the Corporate Debtor and declaration of the moratorium. Counsel for Petitioner further submitted that the suit has been filed by the operational Creditor and the Corporate Debtor did not raise any dispute on its own and submit that there is no provision in the IBC 2016, which bars the Petitioner to file the petition unde....