2020 (2) TMI 1600

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..... of amount ₹ 2.50 Lakhs and 50.00 Lakhs by the proprietor to the Corporate Debtor as stated in the Petition. 2. No agreement for giving loan or Bank account showing disbursements of the amount are not available on record. The same is required to be submitted. 3. There is no bank statement showing the receipt of any amount from Respondent also. Proof of receipt of such amount as claimed .....

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..... opened for certain clarifications, which are bearing on disposal of the present IB petition. Hence, a formal notice be issued under Section 7(5) of the Insolvency Bankruptcy Code to the Petitioner to reply the queries/clarifications. The clarifications are stated as under: 1. The proof of disbursement of amount ₹ 2.50 Lakhs and 50.00 Lakhs by the proprietor to the Corporate Debtor as st .....

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