2018 (4) TMI 1568

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....s 9 of 1 & B Code 2016, for failure to make total payment of æ. 108,52,259 out of which 63, 12,728 towards principal and 44,39,531 towards interest accumulated till 25 th Aug 2017 @ of 18% P.a. by the CD. 2.Operational Creditor issued the demand notice dated 12/09/2017, as per Form 4 under Rule 5 of I & B Code (Application to Adjudicating Authority) Rules 2016 and the details are given in the table below. Sr.No. Invoice[Bill Nos. Date of Invoices Invoice Amount (Rupees) Amount Received and adjusted Outstanding Invoice/lnvoic e Amount (Rupees) 1 000568 12.02.2013 21,00,0003.00 (5,00,000.0) 16,00,003.00 2 000601 05.03.2013 22,38,965.00   22,38,965.00 3 000614 12.0....

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....dated 19/09/2017 received from the Corporate Debtor , particulars of claim and default amount, HDFC Bank statements, copy of Board Resolution 17/07/2017 etc. Operational Creditor has also submitted Tax Invoice raised against Corporate Debtor, along with cargo details and covering letters addressed to Corporate Debtor. 6.Operational Creditor has also proposed Mr. Anshuman Chaturvedi, as Interim Resolution Professional having Registration No-IBBI/IPA001/1P-P00158/2017-18/10327, having Address:- A-404, Express Zone, Off. Western Express Highway, Goregaon (East), Mumbai, 400063 7.However, upon perusal of reply of the Corporate Debtor letter dated 19/9/2017, it's noted that Corporate Debtor itself stated that he had purchased materi....