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2018 (5) TMI 692 - NATIONAL COMPANY LAW TRIBUNAL, CHANDIGARHCorporate insolvency resolution process - unpaid operational debt - Held that:- Petitioner has filed the confirmation of the respondent for the account of the respondent in the books of the petitioner from 01.04.2015 to 28.03.2017 showing closing debit balance of ₹2,28,89,593/-. This is not disputed by the respondent. As already discussed above, the balance confirmed of ₹2,28,89,593/- is almost the same as the balance shown of the respondent in the petitioner’s books for the period 01.04.2017 to 27.07.2017. In these circumstances, the contentions raised with regard to defects in the index of invoices filed along with the application as well as in the revised index of invoice as corrected (Annexure AA-3 of diary No.318 dated 29.01.2018) do not have any significance. Therefore, we conclude that there is no plausible contention of the respondent which requires further investigation and that the “dispute” is a patently feeble argument or an assertion of fact unsupported by evidence. The dispute is, therefore, spurious, hypothetical and illusory. All the compliances have been made and the application is complete and the petition deserves to be admitted. In view of the above, the instant petition is admitted declaring moratorium
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