The case involves an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016, by DK Solar Projects & Ventures Private Limited (Operational Creditor) against Ovrview Technologies Private Limited (Corporate Debtor) for initiation of Corporate Insolvency Resolution Process (CIRP) due to unpaid operational debt. The Operational Creditor claimed that the Corporate Debtor failed to pay an outstanding amount of Rs. 40,97,152/-, which includes principal and interest. The Corporate Debtor raised objections, stating that there was a delay in the supply of goods by the Operational Creditor and that the payment was dependent on a third party, Renew Power Limited. The Operational Creditor argued that the Corporate Debtor had admitted its liability through

The case involves an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016, by DK Solar Projects & Ventures Private Limited (Operational Creditor) against Ovrview Technologies Private Limited (Corporate Debtor) for initiation of Corporate Insolvency Resolution Process (CIRP) due to unpaid operational debt. The Operational Creditor claimed that the Corporate Debtor failed to pay an outstanding amount of Rs. 40,97,152/-, which includes principal and interest. The Corporate Debtor raised objections, stating that there was a delay in the supply of goods by the Operational Creditor and that the payment was dependent on a third party, Renew Power Limited. The Operational Creditor argued that the Corporate Debtor had admitted its liability through