An application under Rule 6 of the Insolvency and Bankruptcy

(Application to Adjudicating Authority) Rules, 2016.

IN THE MATTER OF:

M/s. Total Wireless Technologies Pvt. Ltd.

…. Operational Creditor

Versus

M/s. SIS Cash Services Pvt. Ltd.

…. Corporate Debtor

Date of Pronouncement: 14^th of November, 2025

CORAM:

SMT. BIDISHA BANERJEE, MEMBER (JUDICIAL)

CMDE SIDDHARTH MISHRA, MEMBER (TECHNICAL)

APPEARANCE:

Mr. Anupam Kishore Sinha, Adv. ] For Corporate Debtor

Mr. Saptarshi Dutta, Adv.

Mr. Aniket Choudhury, Adv.

Mr. Debdut Hore, Adv.

ORDER

Per: Bidisha Banerjee, Member (Judicial)

1. The Court congregated through hybrid mode.

2. Heard Ld. Counsels for the parties.

3. Details of Application:

Total Wireless Technologies Private Limited, the Operational Creditor or the “OC”, filed the present Petition for initiating to seek initiation of Corporate Insolvency Resolution Process (“CIRP” in short) against Sis Cash Services Private Limited, the Corporate Debtor or the “CD” alleging CD’s failure to release the claim of Rs.3,00,15,425/- (Rupees Three Crores Fifteen Thousand Four Hundred and Twenty Five), payable to the Operational Creditor.

4. Submissions of the Operational Creditor:

a. That the Operational Creditor i