https://www.taxtmi.com/caselaws?id=348320 Admission of an operational creditor's section 9 application under the Insolvency and Bankruptcy Code requires strict compliance with statutory conditions, including proof of service of the demand notice, filing of the prescribed affidavit, and absence of a pre-existing dispute. The record did not establish service of the section 8 demand notice on the corporate debtor, the required affidavit was not filed, and the claim related to disputes already pending before the Tribunal. As the dispute pre-dated the notice and the mandatory requirements were not satisfied, the application was not maintainable and was dismissed. en-us Fri, 11 Aug 2017 00:00:00 +0530 Wed, 03 Jan 2018 12:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348320 Admission of an operational creditor's section 9 application under the Insolvency and Bankruptcy Code requires strict compliance with statutory conditions, including proof of service of the demand notice, filing of the prescribed affidavit, and absence of a pre-existing dispute. The record did not establish service of the section 8 demand notice on the corporate debtor, the required affidavit was not filed, and the claim related to disputes already pending before the Tribunal. As the dispute pre-dated the notice and the mandatory requirements were not satisfied, the application was not maintainable and was dismissed. Case-Laws Insolvency and Bankruptcy Fri, 11 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348320