https://www.taxtmi.com/caselaws?id=352379 The Tribunal dismissed the Operational Creditor's petition against the Corporate Debtor for unpaid debt related to an outdoor display campaign, totaling Rs. 91,49,383. The dispute over the quality of services provided, non-compliance with statutory notice requirements, and the lack of a conclusive certificate from bankers led to the dismissal. Emphasizing the need to address disputes and comply with IBC, 2016 provisions, the Tribunal ruled in favor of the Corporate Debtor, citing the existence of a plausible dispute and the necessity for further investigation before proceeding with insolvency. en-us Fri, 03 Nov 2017 00:00:00 +0530 Thu, 14 Dec 2017 09:56:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352379 The Tribunal dismissed the Operational Creditor's petition against the Corporate Debtor for unpaid debt related to an outdoor display campaign, totaling Rs. 91,49,383. The dispute over the quality of services provided, non-compliance with statutory notice requirements, and the lack of a conclusive certificate from bankers led to the dismissal. Emphasizing the need to address disputes and comply with IBC, 2016 provisions, the Tribunal ruled in favor of the Corporate Debtor, citing the existence of a plausible dispute and the necessity for further investigation before proceeding with insolvency. Case-Laws Companies Law Fri, 03 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352379