The Financial Creditor filed a company petition against the Corporate Debtor for a claim of Rs. 1,50,00,000. The default period, as claimed by the Financial Creditor, is from 15.02.2021 to 15.03.2021. The court noted that this default period falls within the 10A period, which has implications on the maintainability of the petition. This fact is crucial because Section 10A provides certain restrictions on initiating corporate insolvency resolution process during a specific period, potentially impacting the maintainability of the petition.

The Financial Creditor filed a company petition against the Corporate Debtor for a claim of Rs. 1,50,00,000. The default period, as claimed by the Financial Creditor, is from 15.02.2021 to 15.03.2021. The court noted that this default period falls within the 10A period, which has implications on the maintainability of the petition. This fact is crucial because Section 10A provides certain restrictions on initiating corporate insolvency resolution process during a specific period, potentially impacting the maintainability of the petition.