Agarwal Coal Corporation India Pvt. Ltd. (Operational Creditor/Petitioner) filed a petition against Shri Tradco Deesan Private Limited (Corporate Debtor) under Section 9 of the Insolvency & Bankruptcy Code, 2016, claiming a default of Rs. 21,82,821/- for coal supplied. The Petitioner raised invoices STC/01/18/4042 dated 22/10/2018 for Rs. 17,74,070/- and STC 01/18/4135 dated 31/01/2018 for Rs. 20,88,174/-. The Corporate Debtor contended that there were pre-existing disputes regarding the quality and quantity of coal supplied, claiming the Petitioner was liable to pay Rs. 95,70,000/- for losses due to short supply. The Corporate Debtor also disputed the invoices and a debit entry of Rs. 12,32,816/-. The NCLT found that the Corporate Debtor had made payments to the

Agarwal Coal Corporation India Pvt. Ltd. (Operational Creditor/Petitioner) filed a petition against Shri Tradco Deesan Private Limited (Corporate Debtor) under Section 9 of the Insolvency & Bankruptcy Code, 2016, claiming a default of Rs. 21,82,821/- for coal supplied. The Petitioner raised invoices STC/01/18/4042 dated 22/10/2018 for Rs. 17,74,070/- and STC 01/18/4135 dated 31/01/2018 for Rs. 20,88,174/-. The Corporate Debtor contended that there were pre-existing disputes regarding the quality and quantity of coal supplied, claiming the Petitioner was liable to pay Rs. 95,70,000/- for losses due to short supply. The Corporate Debtor also disputed the invoices and a debit entry of Rs. 12,32,816/-. The NCLT found that the Corporate Debtor had made payments to the