The case pertains to an application filed by Mahamaya Lifesciences Private Limited, the Operational Creditor/Applicant, under Section 9 of the Insolvency & Bankruptcy Code, 2016, against Divya Agro Chem Private Limited, the Corporate Debtor, for initiating the Corporate Insolvency Resolution Process (CIRP). The Operational Creditor claimed a total amount of Rs.2,52,98,098/- along with interest @18% p.a. in relation to supplies of agro-chemical products made from 25.09.2017 to 09.02.2018. The invoices were in default from 24.12.2017 to 10.04.2018. The Operational Creditor issued legal notices under Section 138 of the Negotiable Instruments Act, 1881, after the dishonor of cheques issued by the Corporate Debtor. Part payments were made by the Corporate Debtor during

The case pertains to an application filed by Mahamaya Lifesciences Private Limited, the Operational Creditor/Applicant, under Section 9 of the Insolvency & Bankruptcy Code, 2016, against Divya Agro Chem Private Limited, the Corporate Debtor, for initiating the Corporate Insolvency Resolution Process (CIRP). The Operational Creditor claimed a total amount of Rs.2,52,98,098/- along with interest @18% p.a. in relation to supplies of agro-chemical products made from 25.09.2017 to 09.02.2018. The invoices were in default from 24.12.2017 to 10.04.2018. The Operational Creditor issued legal notices under Section 138 of the Negotiable Instruments Act, 1881, after the dishonor of cheques issued by the Corporate Debtor. Part payments were made by the Corporate Debtor during