Axis Trustee Services Ltd. filed an application under Section 7 of the IBC, 2016, against Fortis Healthcare Holdings Pvt. Ltd. The applicant's counsel argued that there were three dates for interest payment, with payments received until August 24, 2017, and the next payment due on August 24, 2018. However, the application itself mentioned a default date of September 16, 2017. The court observed this discrepancy, noting that the amount was not due until August 24, 2018, according to the applicant's counsel. The discrepancy between the claimed default date and the actual due date led to the dismissal of the application.

Axis Trustee Services Ltd. filed an application under Section 7 of the IBC, 2016, against Fortis Healthcare Holdings Pvt. Ltd. The applicant's counsel argued that there were three dates for interest payment, with payments received until August 24, 2017, and the next payment due on August 24, 2018. However, the application itself mentioned a default date of September 16, 2017. The court observed this discrepancy, noting that the amount was not due until August 24, 2018, according to the applicant's counsel. The discrepancy between the claimed default date and the actual due date led to the dismissal of the application.