ORDER

(Heard through Hybrid Mode)

This Application under Section 9 the Insolvency and Bankruptcy Code, 2016 read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016 has been filed by Arul Prasad Senniappan, Petitioner/ Operational Creditor herein against M/s. Viprah Technologies Limited, Respondent / Corporate Debtor herein for initiating Corporate Insolvency Process (CIRP) against the Corporate Debtor.

2. SUBMISSIONS OF THE APPLICANT

2.1. Part I of the Application contains the particulars of the Applicant Arul Prasad Senniappan. Part II of the Application sets out the details of the Corporate Debtor. It was incorporated on 06.10.1986 with paid up share capital of Rs. 7,20,00,000/- and address at S.F.No.79, Alampalayam Road, Thakkalur, Avinashi Taluk, Coimbatore – 641 654, Tamil Nadu, within the jurisdiction of this Tribunal. In Part III of the application, the Operational Creditor has proposed CA S. Prabhu as the IRP. Part IV of the application sets out the details of the debt being Rs.10,50,000/