2019 (8) TMI 1486

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....prescribed by Adjudicating Authority Rules. In part IV of Form-1 the details of financial debt along with the dates of disbursement have been given and the total amount due to the petitioner is Rs. 1,77,71,974/- as on 18.01.2019. The petition is supported by the statement of account of the petitioner maintained by the HDFC Bank, balance sheet of the corporate debtor and the ledger account. The balance sheet depicts the amount as long term borrowings'. 2. As per the directions of the Hon'ble Appellate Tribunal notice was issued to the corporate debtor-respondent on 13.06.2019, returnable on 04.07.2019. As per the affidavit of service filed by the petitioner on 01.07.2019, the service was effected by speed post as well as email but....

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....as IRP. He has filed his written communication, dated 14.05.2019 [Annexure- 2 with CA-1139(PB)/2019] under Rule 9 of the Adjudicating Authority Rules, 2016. 7. We also declare moratorium in terms of Section 14 of the Code. It is made clear that the provisions of moratorium are not to apply to transactions which might be notified by the Central Government and a surety in a contract of guarantee to a corporate debtor. Additionally, the supply of essential goods or services to the Corporate Debtor as maybe specified is not to be terminated or suspended or interrupted during the moratorium period. These would include supply of water, electricity and similar other supplies of goods or services as provided by Regulation 32 of IBBI (Insolvency ....