https://www.taxtmi.com/caselaws?id=350361 The Tribunal held that the amount claimed by the Operational Creditor did not meet the criteria of "Operational Debt" under Section 5(21) of the Insolvency and Bankruptcy Code, 2016. The Petitioner was not considered an "Operational Creditor" under Section 5(20) of the Code. The existence of a pre-existing dispute between the parties further led to the dismissal of the Petition without costs. en-us Fri, 06 Oct 2017 00:00:00 +0530 Wed, 03 Jan 2018 12:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350361 The Tribunal held that the amount claimed by the Operational Creditor did not meet the criteria of "Operational Debt" under Section 5(21) of the Insolvency and Bankruptcy Code, 2016. The Petitioner was not considered an "Operational Creditor" under Section 5(20) of the Code. The existence of a pre-existing dispute between the parties further led to the dismissal of the Petition without costs. Case-Laws Insolvency and Bankruptcy Fri, 06 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350361