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TMI Blog2021 (2) TMI 86X X X X Extracts X X X X X X X X Extracts X X X X ..... or : Ms Pallavi Maheshwari, Advocate For the Corporate Debtor : Mr Chandrakant M. More, Director present in person. ORDER This is a Company Petition filed under section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) by Pankaj Modani (Operational Creditor), an individual, seeking to initiate Corporate Insolvency Resolution Process (CIRP) against Big Vision Water Tech Private Limited (Corpor ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . The case of the Operational Creditor is The Operational Creditor raised invoices on the Corporate Debtor towards professional fees for providing professional compliance services for the month of October, 2018. The Corporate Debtor was granted a credit period of one month after raising the invoice on 05.10.2018. 5. Bank statements are attached as Exhibit 'E' at pp.52-56. The total ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s no record of any contractual arrangement between the Operational Creditor and the Corporate Debtor. (b) Copy of the invoice has not been attached. What has been attached at p.49 is only a calculation sheet mentioning the principal amount of the invoice, the interest calculation. There is no record of the invoice having been served on the Corporate Debtor. (c) There is no record of what profe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ny observations made in this order should not be construed as expressing opinion on merits. The right of the petitioner before any judicial forum shall not be prejudiced on grounds only of dismissal of the present petition by this Adjudicating Authority.
12. Let a copy of this order be communicated to the parties in terms of the provisions of section 9(5)(ii) of the IBC. X X X X Extracts X X X X X X X X Extracts X X X X
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