Medellion Aircon is the operational creditor and Indirapuram Habitat Centre Pvt. Ltd. is the corporate debtor. The application was filed under Section 9 of the IBC code 2016. CIRP was initiated against the corporate debtor on 22.08.2019. The operational creditor's claim has already been filed before the IRP/RP. The petition was disposed of, but the operational creditor was granted liberty to revive/restore the same in the event of a compromise of the corporate debtor with other creditors or setting aside of the said order in appeal. The fact that the claim has already been filed before the IRP/RP is the key fact that led to the disposal of the petition.

Medellion Aircon is the operational creditor and Indirapuram Habitat Centre Pvt. Ltd. is the corporate debtor. The application was filed under Section 9 of the IBC code 2016. CIRP was initiated against the corporate debtor on 22.08.2019. The operational creditor's claim has already been filed before the IRP/RP. The petition was disposed of, but the operational creditor was granted liberty to revive/restore the same in the event of a compromise of the corporate debtor with other creditors or setting aside of the said order in appeal. The fact that the claim has already been filed before the IRP/RP is the key fact that led to the disposal of the petition.