Darshan Y. Bhatt, an operational creditor, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against Ashok Transformers Private Limited. The petitioner claimed that Ashok Transformers Private Limited owed him Rs. 2,36,000/- for accounting and consulting fees based on bill No. 621 dated 2016-03-09. The petitioner issued a demand notice on 2018-03-20, but the respondent did not respond. Notices sent to the respondent were returned undelivered. The petitioner also provided a letter from Bank of India stating that there was no credit entry of Rs. 2,36,000/- to the petitioner's account. The Adjudicating Authority noted that the respondent did not choose to give any reply to this petition.

Darshan Y. Bhatt, an operational creditor, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against Ashok Transformers Private Limited. The petitioner claimed that Ashok Transformers Private Limited owed him Rs. 2,36,000/- for accounting and consulting fees based on bill No. 621 dated 2016-03-09. The petitioner issued a demand notice on 2018-03-20, but the respondent did not respond. Notices sent to the respondent were returned undelivered. The petitioner also provided a letter from Bank of India stating that there was no credit entry of Rs. 2,36,000/- to the petitioner's account. The Adjudicating Authority noted that the respondent did not choose to give any reply to this petition.