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2019 (11) TMI 446

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..... and default, therefore, we hereby admit this company application looking at the consent given by Mr. P. Sriram with a direction to the Operational Creditor to pay remuneration to the IRP and his expenses until the constitution of CoC. Application admitted - moratorium declared. - IBA/838/2019 - Dated:- 30-8-2019 - MR B.S.V. PRAKASH KUMAR, MEMBER (JUDICIAL) For The Operational Creditor : Shri. A. M .....

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..... y its claim by sending e-mails on 20.10.2018 and 10.12.2018. To which, the Corporate Debtor has sent reply on 02.05.2018 stating that it would pay the invoice amount due to the Operational Creditor but thereafter, no payment having come from the Corporate Debtor, the Operational Creditor on 05.04.2019 issued Section 8 notice demanding the Corporate Debtor to pay the invoice amount due of Rs. l,70, .....

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..... al Creditor has sought for admission of this Company Petition. 5. Looking at the facts aforementioned, this Bench is of the view that the Operational Creditor has proved existence of debt and default, therefore, we hereby admit this company application looking at the consent given by Mr. P. Sriram with a direction to the Operational Creditor to pay remuneration to the IRP and his expenses until th .....

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..... Enforcement of Security Interest Act, 2002 (SARFAESI Act); (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. (II) 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. (III) That the provisions of sub-se .....

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