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2022 (5) TMI 804 - Tri - Insolvency and BankruptcyMaintainability of application - initiation of CIRP - Corporate Debtor failed to make repayment of its dues - Operational Creditor - existence of debt and dispute or not - HELD THAT:- It is clearly shown that the Operational Creditor has adjusted the amount for 15 invoices for the year 2016 however, as per the record only 11 invoices were raised in the year 2016. It is also noted that in the petition the Operational Creditor has alleged that the outstanding amount of a total of 11 invoices (04.01.2017 to 31.10.2017) is pending but in an e-mail dated 21.11.2018 sent by the Operational Creditor to the Corporate Debtor for paying the outstanding amount to the Corporate Debtor, the Operational Creditor has sent the claim of 9 invoices only and the principal amount claimed is Rs. 4,33,086/- but in the petition, the principal claim amount is Rs. 5,01,999/-. - no amount is due to be paid to the Operational Creditor, as the statement of Bank Account of Corporate Debtor, shows that the outstanding amount has been paid. Moreover, there is inconsistency in the details of invoices and adjustment of payments provided by the Operational Creditor. Hence, the present petition is rejected. The present petition is dismissed.
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