https://www.taxtmi.com/caselaws?id=362018 The tribunal dismissed the application under Section 9 of the Insolvency and Bankruptcy Code, 2016, as the applicant did not qualify as an operational creditor, and the claim did not constitute an operational debt. The tribunal found that the applicant's claim for refund of advance payment did not fall within the categories of operational debt as defined in the Code. As a result, the application was deemed not maintainable, and it was dismissed without any order as to costs. en-us Wed, 16 May 2018 00:00:00 +0530 Mon, 18 Jun 2018 08:14:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362018 The tribunal dismissed the application under Section 9 of the Insolvency and Bankruptcy Code, 2016, as the applicant did not qualify as an operational creditor, and the claim did not constitute an operational debt. The tribunal found that the applicant's claim for refund of advance payment did not fall within the categories of operational debt as defined in the Code. As a result, the application was deemed not maintainable, and it was dismissed without any order as to costs. Case-Laws Insolvency and Bankruptcy Wed, 16 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362018