TaxTMI 
TaxTMI 
2021 (10) TMI 1326
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....es, 2016 by M/s. Computer Junction Private Limited (for brevity, 'Operational Creditor'), with a prayer to initiate the Corporate Insolvency Resolution Process against M/s. Nysa Communications Private Limited (for brevity, 'Corporate Debtor'). 2. That the Corporate Debtor namely, M/s. Nysa Communications Private Limited is a Company incorporated on 16.04.2008 with CIN U72900DL2008PTC176819 under the provisions of the erstwhile Companies Act, 1956 having its registered Office at 1st Floor, F-18, Preet Vihar, Vikas Marg, New Delh-110092. 3. That the Authorized Share Capital of the Corporate Debtor is Rs. 5,00,000/- and Paid-up Share Capital is Rs. 5,00,000/- as per the Master Data of the Corporate Debtor. 4. It is submitted that the Operat....
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....s sent by the Corporate Debtor through its Advocate Sh. Tanuj Khurana. The same is averred in the Affidavit filed by the Operational Creditor under Section 9(3)(b) of 2016. 9. That the Corporate Debtor in its notice of dispute has denied the claim of the Operational Creditor. It is stated by the Corporate Debtor that the debt claimed by the Operational Creditor is not an Operational Debt and all the invoices annexed are forged and fabricated. It is added that there are pre-existing disputes between the parties regarding the performance and breach of the Facilities Agreement dated 30.05.2018. The scanned copy of the Notice of Dispute dated 15.01.2020 is reproduced below : 10. Since the corporate Debtor has neither filed reply nor made any ....
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....ny judgment, decree or order in any court of law, tribunal, arbitration panel or other authority; (b) Transferring, encumbering, alienating or disposing of by the corporate debtor any of its assets or any legal right or beneficial interest therein; (c) Any action to foreclose, recover or enforce any security interest created by the corporate debtor in respect of its property including any action under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002; (d) The recovery of any property by an owner or lessor, where such property is occupied by or in the possession of the corporate debtor." 13. As proposed by the Operational Creditor, this Bench appoints Mr. Navjit Singh with Registr....