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2019 (8) TMI 1495 - Tri - Insolvency and BankruptcyMaintainability of application - Initiation of CIRP - Corporate Debtor failed to make repayment of its dues - existence of debt and dispute or not - HELD THAT:- The statement of Bank Account as well as Form 2 and written communication proves that there are no disciplinary proceedings pending against the proposed Resolution Professional - the Applicant has succeeded in proving its case and all the requirements to be meted out under Section 7 has been complied with and therefore this is a fit case for ordering admission. The application filed by the Financial Creditor under Section 7 of the Insolvency & Bankruptcy Code, 2016, for initiating Corporate Insolvency Resolution Process against the Corporate Debtor, M/s. Venkatesh Logistics Private Limited is hereby admitted - Application admitted - moratorium declared.
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