2018 (3) TMI 1930

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....titioner: Ms.SiriPreethiDuggirala along with Ms. A. Sandhya Rani, Advocates ORDER Rajeswara Rao Vittanala, J. 1. The present Company Petition bearing CP (IB) No. 37/9/HDB/2018 is filed by M/s Harindera Cargo Carriers Pvt. Ltd (Petitioner / Operational Creditor) under Section 9 of Insolvency and Bankruptcy Code, 2016, read with Rule 6 of Insolvency and Bankruptcy (Application to Adjudicati....

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....d Corporate Debtor, the Operational Creditor transported the goods (freight) of the Corporate Debtor and delivered to the destinations as per their instructions. Subsequently, the Operational Creditor sent an enquiry letter through email for confirmation of the rates. Only after satisfying the rates between the Operational creditor and corporate debtor, the operational creditor raised the invoices....

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....mount within 10 days from the date of receipt of notice. However, the Corporate Debtor failed to pay the amount due. Further the Bankers of Operational Creditor viz. M/s Kotak Mahindra Bank & HDFC Bank, New Delhi vide their certificates dated 30.10.2017 and 06.11.2017 respectively have certified that they have not vencived the amount from the Corporate Debtor. (g) Despite several reminder....