2017 (6) TMI 1307

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....r Section 9 of the Code. 2. Petitioner supplied goods worth Rs. Rs. 41,84,270/- to the corporate debtors under the following invoices. Sl. No. Invoice No. Date Amount Rs. 1. 000889 20.03.2014 9,29,505.00 2. 000775 13.01.2015 7,43,117.00 3. 000047 12.05.2016 6,67,111.00 4. 000065 19.05.2016 18,44,537.00 TOTAL 41,84,270.00 3. Corporate debtors have to pay the amount within one week from the date of invoice and thereafter it is payable with interest @ 30% per annum. 4. Petitioner operational creditors issued demand notice dated 18.04.2017 to the respondent corporate debtors in Form - 3 enclosing copies of invoice demanding the respondent to pay outstanding amount immediately. In the demand notice, petitioner also asked....

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....orporate debtors. Petitioner also filed registration certificate of the respondent company. From the aforesaid material it is clear that the petitioner as operational creditor and the respondent is corporate debtor. The material on record further clearly show that the amount covered by invoice is due to the operational creditors. 1st invoice is dated 15.03.2014 and the last is dated 19.05.2016. 8. As can be seen from the confirmation of accounts from 01.04.2016 to 31.03.2017 an amount of Rs. 41,84,270/- is outstanding against respondent. Petitioner stated that no notice of dispute has been given by respondent. From the aforesaid material on record it can be said that the debt is due to the operational creditors from the corporate debtor an....

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....ia, R. Lohia & Co., 414, Manas Bhawan Extn. 11, RNT Marg, Indore 452 001 having IP Registration No. IBBI/IPA-002/IP-N00049/2016-17/10093 as interim resolution professional u/s 13 (l)(b) of the Code is appointed as "Interim Insolvency Resolution Professional" who filed Form-2 and Certificate of Registration issued by the Insolvency and Bankruptcy Board of India. This Adjudicating Authority also directs the operational creditor to make a public announcement in terms of Clause (b) of sub-section (1) of Section 13 of the Code. 15. In view of the commencement of the Insolvency Resolution Process with the admission of this Petition and appointment of the Interim Resolution Professional, this Adjudicating Authority hereby passes the order declari....