Atma Ram, the Suspended Director of Gurdas Agro Pvt. Ltd., filed appeals against the decision of the Adjudicating Authority. The appellant claims that the date of default, as mentioned in Part IV of the application, was 03.08.2020, which falls within the period specified in Section 10A of the IBC. The appellant argues that the Adjudicating Authority erred by accepting 30.03.2021 as the date of default, as contended by the Financial Creditor. The appellant contends that all payments towards the LC became due during the 10A period and that the application was barred by Section 10A. The Adjudicating Authority rejected the I.A. filed by the Appellant and proceeded to admit Section 7 application. The relevance of the date of default is crucial because Section 10A prohibits

Atma Ram, the Suspended Director of Gurdas Agro Pvt. Ltd., filed appeals against the decision of the Adjudicating Authority. The appellant claims that the date of default, as mentioned in Part IV of the application, was 03.08.2020, which falls within the period specified in Section 10A of the IBC. The appellant argues that the Adjudicating Authority erred by accepting 30.03.2021 as the date of default, as contended by the Financial Creditor. The appellant contends that all payments towards the LC became due during the 10A period and that the application was barred by Section 10A. The Adjudicating Authority rejected the I.A. filed by the Appellant and proceeded to admit Section 7 application. The relevance of the date of default is crucial because Section 10A prohibits