https://www.taxtmi.com/highlights?id=37941 Insolvency resolution process - The petitioner cannot be forced to buy goods from the respondent-corporate debtor and it has every right to claim the outstanding amount which is overdue. - The respondent cannot raise a voice to say that there was no term fixed for payment for the outstanding amount on the ground that the transactions between the parties continued in the normal course of business since 2012 - Tri en-us Tue, 13 Feb 2018 06:17:17 +0530 Tue, 13 Feb 2018 06:17:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=37941 Insolvency resolution process - The petitioner cannot be forced to buy goods from the respondent-corporate debtor and it has every right to claim the outstanding amount which is overdue. - The respondent cannot raise a voice to say that there was no term fixed for payment for the outstanding amount on the ground that the transactions between the parties continued in the normal course of business since 2012 - Tri Highlights Insolvency and Bankruptcy Tue, 13 Feb 2018 06:17:17 +0530 https://www.taxtmi.com/highlights?id=37941