ORDER

1. Under consideration before us is the petition filed by the Operational Creditor herein stating that M/s. Servomax Limited/ Corporate Debtor committed default of Rs.1,00,49,270/-. Hence this petition filed under Section 9 of Insolvency and Bankruptcy Code (hereinafter to be referred as “Code”), read with Rule 6 of Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, seeking admission of the Petition, commencement of Corporate Insolvency Resolution Process (CIRP), granting moratorium and appointment of Interim Resolution Professional as prescribed under the Code and Rules thereon.

2. The averments put forth by the Petitioner are:

2.1 It is averred that the Operational Creditor is a partnership firm registered as MSME commenced from 09.05.2016 with an objective to supply CRGO Laminations, DPC Copper Strip, DPC Copper wire, Pre-Comp Press Boards, S.E. Copper Wire, KV/630 AMP L.V, Kraft Paper on multiple occasions.

2.2 It is averred that the Corporate Debtor have issued multiple purchase orders and subsequently, issued multiple invoices for supply of CRGO Laminations, DPC Copper Strip, DPC Copper wire, Pre-Comp Press Boards, S.E. Copper wire, KV/250 AMP