9911796707
TMI Blog2019 (8) TMI 1493X X X X Extracts X X X X X X X X Extracts X X X X ..... porate Debtor defaulted in paying Rs. 6,85,327 as on 09.04.2018. 2. On perusal of this Company Petition, it appears that this Operational Creditor has given its property on rent to the Corporate Debtor, since the Corporate Debtor failed to pay the rentals to the Operational Creditor, the Operational Creditor has filed this case for initiation of CIRP against the Corporate Debtor. The debt remained outstanding against the Corporate Debtor towards the rentals is as follows: Date Amount 07.03.2017 Rs. 47,925 07.04.2017 Rs. 47,925 07.05.2017 Rs. 47,925 07.06.2017 Rs. 47,925 07.07.2017 Rs. 47,925 07.08.2017 Rs. 47,925 07.09.2017 Rs. 47,925 07.10.2017 Rs. 47,925 07.11.2017 Rs. 47,925 07.12.2017 Rs. 47,925 07.01.2018 Rs. 4 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he Corporate Debtor demanding payment of arrears of rent for the Corporate Debtor has not paid nor even given reply to the Section 8 notice, therefore this Operational Creditor has filed this case. 5. On hearing the submissions of either side, since it is apparent on record that the Corporate Debtor availed services of the Operational Creditor by using their land and not paying rent as agreed between them, we are of the view that this Operational Creditor has proved the existence of debt and default and the Corporate Debtor has not raised any dispute between the parties in relation to the payment of rent to the Operational Creditor. The Operational Creditor has filed an affidavit giving an undertaking to pay the remuneration to the IRP and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... atorium shall have effect from 08.08.2019 till the completion of the corporate insolvency resolution process or until this Bench approves the resolution plan under sub-section (1) of section 31 or passes an order for liquidation of corporate debtor under section 33, as the case may be. (v) That the public announcement of the Corporate Insolvency Resolution Process shall be made immediately as specified under Section 13 of the Code. (vi) That this Bench hereby appoints Ms. Priya S. Anand as Interim Resolution Professional (Reg. No. IBBI/IPA-001/IP-P00421/2017-2018/10744), E-mail: [email protected], Mobile No: 9865082349 with her consent to carry the functions as mentioned under The Insolvency & Bankruptcy Code. 6. Accordingly this ..... X X X X Extracts X X X X X X X X Extracts X X X X
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