Shashi Kant Sharma, the applicant/operational creditor, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against PSP Dynamic Private Limited, the respondent/corporate debtor, for alleged default in repayment of an operational debt amounting to Rs. 1,62,926. The applicant claimed that the corporate debtor failed to pay salary for September 2018 and 6 days of October 2018, along with reimbursement of expenses incurred from June 2018 to October 2018. The corporate debtor contended that there was a pre-existing dispute between the parties and that the applicant had not complied with the company's travel policy for expense reimbursement. The corporate debtor also argued that the

Shashi Kant Sharma, the applicant/operational creditor, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against PSP Dynamic Private Limited, the respondent/corporate debtor, for alleged default in repayment of an operational debt amounting to Rs. 1,62,926. The applicant claimed that the corporate debtor failed to pay salary for September 2018 and 6 days of October 2018, along with reimbursement of expenses incurred from June 2018 to October 2018. The corporate debtor contended that there was a pre-existing dispute between the parties and that the applicant had not complied with the company's travel policy for expense reimbursement. The corporate debtor also argued that the