Mr. Rajesh Mandal, the proprietor of Invasion Films, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate the Corporate Insolvency Resolution Process against Genesis BCW Private Limited. The Operational Creditor claimed that the Corporate Debtor had approached them for professional photography and videography services, which were provided between February and July 2019. Demand notices were issued on 28.06.2021 under Section 8 of the IBC, 2016. The Adjudicating Authority observed that the applicant's claim was below the minimum threshold of Rs. 1 crore and the date of default was unclear, leading to a direction for the Operational Creditor to demonstrate how the application met the pecuniary jurisdiction and was filed within

Mr. Rajesh Mandal, the proprietor of Invasion Films, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate the Corporate Insolvency Resolution Process against Genesis BCW Private Limited. The Operational Creditor claimed that the Corporate Debtor had approached them for professional photography and videography services, which were provided between February and July 2019. Demand notices were issued on 28.06.2021 under Section 8 of the IBC, 2016. The Adjudicating Authority observed that the applicant's claim was below the minimum threshold of Rs. 1 crore and the date of default was unclear, leading to a direction for the Operational Creditor to demonstrate how the application met the pecuniary jurisdiction and was filed within