Bhotika Trade & Services Pvt. Ltd. filed a Section 9 application claiming Rs. 1,61,12,474.86, including interest. The Adjudicating Authority rejected the application because it considered the principal amount to be less than 1 crore, as there was no agreement regarding interest. The appellant argued that letters from the Corporate Debtor, Avinash EM Projects Pvt. Ltd., confirmed the debit balance, including interest. The letters dated 15.03.2017 and 20.02.2020 were presented as evidence. The respondent acknowledged the letters were issued in the normal course of business. The Adjudicating Authority's decision was based on the view that the interest could not be included in the claim without an agreement. The appellant relied on a previous judgment of the Tribunal

Bhotika Trade & Services Pvt. Ltd. filed a Section 9 application claiming Rs. 1,61,12,474.86, including interest. The Adjudicating Authority rejected the application because it considered the principal amount to be less than 1 crore, as there was no agreement regarding interest. The appellant argued that letters from the Corporate Debtor, Avinash EM Projects Pvt. Ltd., confirmed the debit balance, including interest. The letters dated 15.03.2017 and 20.02.2020 were presented as evidence. The respondent acknowledged the letters were issued in the normal course of business. The Adjudicating Authority's decision was based on the view that the interest could not be included in the claim without an agreement. The appellant relied on a previous judgment of the Tribunal