Rushabh Civil Contractors Pvt. Ltd vs Centrio Lifespaces Ltd on 11 January, 2022
16. In the light of the detailed discussion as above, it is clear that
in case the record of Information Utility shows that there is a debt
which is in default, the Adjudicating Authority or the Appellate
Authority are not required to further examine the record maintained
by the Information Utility, moreso when the record of the
Information Utility is deemed authenticated and no dispute or
refutation of said record has been done by the corporate debtor
earlier. We also note that in the judgment of Rushabh Civil
Contractors Pvt. Ltd. vs. Centrio Lifespaces Ltd. (supra), which
has been cited by the Learned Counsel for Appellant, the record that
formed the basis for financial debt and default was found to be
forged and fabricated, which is not the case in the present appeal.
Therefore, this judgment does not come to the rescue of the
Appellant.