AI Structured Summary
Not yet generated for this judgment
Judgment
2 paragraphs · 78 words
ORDER
Record reveals that the petition has been file on 15.04.2023 for a debt and default of Rs. 22,33,395.14/- (Rupees Twenty Two Lakhs Thirty Three Thousand Three Hundred Ninety Five Rupees and fourteen paise only). Pursuant to the notification dt. 24.03.2020 under Section 4 of the Code, the threshold limit stands increased to Rs. 1 Crore. Accordingly, the petition is not maintainable. The Company petition bearing no. 669/2022 is disposed of as not maintainable being below the threshold.