Page 61 - IBC Orders us 7-CA Mukesh Mohan
P. 61
Order Passed Under Sec 7
Hon’ble NCLT Principal Bench
aforesaid figures are proved by the documents placed on record (Annexure P-5 to P17). The 'Financial
Creditor has also given particulars of Financial debt documents, records and evidence of default with the
help of annexures, which have been placed on record (P-7 to P-11, pgs. 18 to 23). Evidence as per
Banker's Book has also been placed on record. The guarantees furnished by Mr. Sanjay Singhal and
Ms.Aarti Singhal as guarantors have also been placed on record (Annexures- 24 to 42).
5. From the perusal of the record, we are satisfied that the 'Financial Creditor' has proved by
overwhelming evidence that default has occurred, which meets the requirement of Section 3(11) 8r, (12)
read with Section 7(3)(a) and Section 7(5) of the Code. We further find that the application is complete in
all respects as the Insolvency Professional, Mr. Mahender Kumar has also been proposed.
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