Fairmacs Shipping & Transport Services Pvt Ltd (Operational Creditor) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 (I&B Code, 2016) against Golden Anchor Logistics Pvt Ltd (Corporate Debtor). The application sought to initiate the Corporate Insolvency Resolution Process (CIRP), declare a moratorium, and appoint an Interim Resolution Professional (IRP) due to outstanding operational debt. The Operational Creditor claimed an amount of Rs. 18,82,968.65, which included Rs. 14,00,641.51 for outstanding invoices and Rs. 4,82,327.14 for interest. The Operational Creditor, engaged in freight forwarding and logistics services, had provided services to the Corporate Debtor between April and May 2017 for importing shipments. A

Fairmacs Shipping & Transport Services Pvt Ltd (Operational Creditor) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 (I&B Code, 2016) against Golden Anchor Logistics Pvt Ltd (Corporate Debtor). The application sought to initiate the Corporate Insolvency Resolution Process (CIRP), declare a moratorium, and appoint an Interim Resolution Professional (IRP) due to outstanding operational debt. The Operational Creditor claimed an amount of Rs. 18,82,968.65, which included Rs. 14,00,641.51 for outstanding invoices and Rs. 4,82,327.14 for interest. The Operational Creditor, engaged in freight forwarding and logistics services, had provided services to the Corporate Debtor between April and May 2017 for importing shipments. A