https://www.taxtmi.com/caselaws?id=196676 The Tribunal dismissed the petition under section 9 of the Insolvency and Bankruptcy Code, 2016, as the claim for corporate insolvency resolution against the 'Operational Debtor' was time-barred. The invoices for services rendered between April and September 2013, totaling Rs. 24,18,273.36, were beyond the three-year limitation period, despite attempts to extend it based on cheques tendered in early 2014. The lack of payment confirmation and the absence of dispute raised by the Corporate Debtor contributed to the dismissal of the petition without costs awarded. en-us Tue, 11 Apr 2017 00:00:00 +0530 Wed, 03 Jan 2018 12:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196676 The Tribunal dismissed the petition under section 9 of the Insolvency and Bankruptcy Code, 2016, as the claim for corporate insolvency resolution against the 'Operational Debtor' was time-barred. The invoices for services rendered between April and September 2013, totaling Rs. 24,18,273.36, were beyond the three-year limitation period, despite attempts to extend it based on cheques tendered in early 2014. The lack of payment confirmation and the absence of dispute raised by the Corporate Debtor contributed to the dismissal of the petition without costs awarded. Case-Laws Insolvency and Bankruptcy Tue, 11 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196676