2018 (7) TMI 2046

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....ember (Judicial) For Appellants: Mr. Sanjeev Kumar, Mr. Abhishek Kisku, Mr. Abhishek Goyal and Mr. Anshul Sehgal, Advocates. For Respondents: Ms. Purti Marwaha Gupta, Ms. Henna George and Mr. S. K. Thakur, Advocates. ORDER The Appellant - 'M/s Grasim Industries Ltd.' filed application under Section 9 for initiation of Corporate Insolvency Resolution Process against Respondent - 'Spentex Indust....

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....ate Debtor claimed amount towards quality claim for supply of inferior/poor/second grade material for material supplied during the year 2014-15 and alleged that amount is pending. 3. Learned counsel appearing on behalf of the Appellant submits that the said letter was replied by the Operational Creditor and the claim was settled, which the Corporate Debtor also accepted by their letter dated 19th....