https://www.taxtmi.com/caselaws?id=347678 The Tribunal dismissed the application under section 9 of the Insolvency and Bankruptcy Code as non-maintainable due to the existence of a pre-existing dispute between the parties pending before an Arbitral Tribunal and lack of specific authorization from the Operational Creditor's Board of Directors to initiate the Corporate Insolvency Resolution Process. The application was rejected, and certified copies of the order were directed to be sent to both the Operational Creditor and the Corporate Debtor. en-us Wed, 09 Aug 2017 00:00:00 +0530 Wed, 03 Jan 2018 12:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347678 The Tribunal dismissed the application under section 9 of the Insolvency and Bankruptcy Code as non-maintainable due to the existence of a pre-existing dispute between the parties pending before an Arbitral Tribunal and lack of specific authorization from the Operational Creditor's Board of Directors to initiate the Corporate Insolvency Resolution Process. The application was rejected, and certified copies of the order were directed to be sent to both the Operational Creditor and the Corporate Debtor. Case-Laws Insolvency and Bankruptcy Wed, 09 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347678