https://www.taxtmi.com/caselaws?id=362366 The Tribunal dismissed the petition seeking initiation of Corporate Insolvency Resolution Process (CIRP) against the corporate debtor under the Insolvency and Bankruptcy Code, 2016. The dismissal was based on the absence of proof of delivery of the Demand Notice as required under Section 8 of IBC, 2016, leading to the application being dismissed under Section 9(5)(ii)(c) without costs. The Tribunal emphasized the self-contained nature of IBC, 2016, and the importance of complying with its specific provisions for initiating insolvency proceedings. en-us Fri, 13 Apr 2018 00:00:00 +0530 Sat, 23 Jun 2018 08:36:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362366 The Tribunal dismissed the petition seeking initiation of Corporate Insolvency Resolution Process (CIRP) against the corporate debtor under the Insolvency and Bankruptcy Code, 2016. The dismissal was based on the absence of proof of delivery of the Demand Notice as required under Section 8 of IBC, 2016, leading to the application being dismissed under Section 9(5)(ii)(c) without costs. The Tribunal emphasized the self-contained nature of IBC, 2016, and the importance of complying with its specific provisions for initiating insolvency proceedings. Case-Laws Insolvency and Bankruptcy Fri, 13 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362366