2021 (6) TMI 485

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....dicating Authority) Rules, 2016 against M/s. Presidency Foundation & Construction Technologies Private Limited (the 'Respondent/Corporate Debtor') by inter alia seeking to initiate Corporate Insolvency Resolution Process (CIRP) in respect of Corporate Debtor for committing a default in payment of Rs. 29,73,918/- (Rupees Twenty Nine Lakh Seventy Three Thousand Nine Hundred and Eighteen only) including interest. 2. M/s. Marine Crane having its Address at 30, Old No. 220, NSC Bose Road, Opp. Law College, Chennai-600001. M/s. Presidency Foundation & Construction Technologies Private Limited is a Limited Company incorporated on 20.04.2018 under the Companies Act, 2013 bearing CIN: U45309KA2018PTC112478 and its Authorised Capital is Rs....

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....e Registry also issued a notice to the registered address of the Corporate Debtor and its MD, on 30.06.2020, by RPAD but the same was returned with remark that "No such person found at this address.....". However on our directions given on 18.09.2020, it was submitted that notice along with the Copy of the Petition has been served on the Respondent by RPAD on 26.09.2020 and the same notice was received by M/s. Presidency FACT and has been acknowledged by the addressee on 29.09.2020. On our further directions on 05.01.2021, the Petitioner again submitted that notice along with the copy of the Petition has been served on the Respondent by RPAD on 29.01.2021 and 02.02.2021. The said notice has been received by M/s. Presidency FACT and has been....