TMI Blog2018 (2) TMI 1940X X X X Extracts X X X X X X X X Extracts X X X X ..... by the Petitioner and the confirmation of balance by the Respondent show that the amount claimed in this Petition is due and payable by the Respondent to the Petitioner. The material on record also show that there is occurrence of default in payment of operational debt by the Respondent to the Petitioner. No dispute of dispute given to Respondent. No pre- existing brought on Record. This Petition is admitted under Section IO(4)(a) of the Code - Application admitted - moratorium declared. - C.P. No.(1B) 205/9/NCLT/AHM/2017 - - - Dated:- 13-2-2018 - Sri Bikki Raveendra Babu, Member And Ms. Manorama Kumari, Member JJ. For the Petitioner : Mr. Jaimin Dave, with Mr. Priyank Dave, learned Advocate. For the Respondent : None ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n Rs. 25.02.2013 141933 1419 140514 26.02.2013 155493 1555 153938 04.03.2013 153233 1532 151701 16.03.2013 58718 587 58131 17.03.2013 68645 686 67959 18.03.2013 86160 862 85298 25.03.2013 86418 864 85554 26.03.2013 112683 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... solution Professional. 6. Petitioner served a copy of the Petition to the Respondent. Petitioner also served notice of date of hearing on the Respondent. Inspite of service of notice Respondent did not choose to appear and file objections. 7. Heard arguments of learned counsel appearing for the Petitioner. 8. The Petitioner filed copies of Invoices and copies of TDS Certificate and copy of Ledger Confirmation supplied by the Respondent Company to establish that an amount of ₹ 5, 14,650/ - is due from the Respondent during the period between 25.2.2013 to 26.3.2013. 9. Petitioner issued Demand Notice as required by Section 8 of the Code read with Rule 5 of the Rules in Form-3 and the same was served on the Respondent. The Re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... blic announcement of the initiation of 'Corporate Insolvency Resolution Process' and call for submission of claims under Section 13(1)(b) read with Section 15 of the Code and Regulation 6 of Insolvency end Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. 14. This Adjudicating Authority hereby order moratorium under Section 13(I)(a) of the 1B Code prohibiting the following as referred to in Section 14 of the Code; (a) the institution of suits or continuation of pending suits or proceedings against the Company/ corporate debtor including execution of any judgment, decree or order in any court of law, tribunal, arbitration panel or other authority; (b) transferring, encumbering ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
