2019 (11) TMI 1428

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....And [Justice Venugopal M.] Member (Judicial) For Appellant: Mr. Ankit Singal and Mr. A. Gupta, Advocates For The Respondet. ORDER The Appellant - S.S. Ploymers filed application under Section 9 of the Insolvency and Bankruptcy Code, 2016 (hereinafter referred to as the 'I&B Code') for initiation of 'Corporate Insolvency Resolution Process' against M/s Kanodia Technoplast Limited ('Corpora....

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....t of Rs. 32,71,800/- was paid to the Appellant by 31st December, 2018 through RTGS(s). The remaining amount of Rs. 7,71,800/- was also paid by 'Corporate Debtor' to the Applicant by 17th January, 2019 through NEFT(s). The said amounts were paid before the admission of the application under Section 9 of the I&B Code. Even after receiving the total amount due, the Appellant pursued the application u....