https://www.taxtmi.com/acts?id=30987 An operational creditor may initiate a corporate insolvency resolution process after ten days from delivery of the demand notice or invoice if payment remains unpaid and no dispute notice is received. The application must be filed in the prescribed form with supporting documents, including the demand notice, an affidavit of no dispute, and proof of non-payment where available. The Adjudicating Authority must admit the application only if the statutory conditions are satisfied, or reject it where the application is incomplete, payment has been made, a dispute exists, or a proposed resolution professional faces disciplinary proceedings. The process commences on admission. en-us Tue, 02 Jan 2018 13:06:06 +0530 Tue, 26 May 2026 11:25:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=30987 An operational creditor may initiate a corporate insolvency resolution process after ten days from delivery of the demand notice or invoice if payment remains unpaid and no dispute notice is received. The application must be filed in the prescribed form with supporting documents, including the demand notice, an affidavit of no dispute, and proof of non-payment where available. The Adjudicating Authority must admit the application only if the statutory conditions are satisfied, or reject it where the application is incomplete, payment has been made, a dispute exists, or a proposed resolution professional faces disciplinary proceedings. The process commences on admission. Act-Rules IBC Tue, 02 Jan 2018 13:06:06 +0530 https://www.taxtmi.com/acts?id=30987