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TMI Blog2019 (8) TMI 1304X X X X Extracts X X X X X X X X Extracts X X X X ..... ber (Technical) For The Petitioner : Mr. Dharmapal Dave, Advocate i/b Naki Patil Salvi And Associates For The Respondent : Mr. Mahindra Pande, Advocate i/b Juristech legal And Partners ORDER Per: V. Nallasenapathy, Member (Technical) 1. This Company Petition is filed by Gupshup Technology India Private Limited (hereinafter called "Petitioner") seeking to set in motion the Corporate Insolvenc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... erms and conditions as described in the said agreement. Based on the said agreement and the Purchase Orders, the Petitioner provided the agreed services to the Corporate Debtor and raised invoices to the extent of Rs. 14,46,192/-. The Petitioner made several reminders by e-mail to the Corporate Debtor to make the payment. The Petitioner on 03.08.2018 issued a demand notice under Section 8 of the C ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... entitled to charge interest @18% p.a. on the delayed payments. 5. This Bench on going through the Petition and after hearing the submissions of the Counsel for both sides came to the conclusion that there is debt and default. 6. This Bench having been satisfied with the Petition filed by the Operational Creditor which is in compliance of provisions of section 9 of the Insolvency and Bankruptcy ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lessor where such property is occupied by or in the possession of the Corporate Debtor. (b) That the supply of essential goods or services to the Corporate Debtor, if continuing, shall not be terminated or suspended or interrupted during moratorium period. (c) That the provisions of sub-section (1) of Section 14 shall not apply to such transactions as may be notified by the Central Governme ..... X X X X Extracts X X X X X X X X Extracts X X X X
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