https://www.taxtmi.com/caselaws?id=364381 The Appellate Tribunal found the application under Section 9 of the Insolvency and Bankruptcy Code not maintainable due to a dispute over the authenticity of invoices issued by the Operational Creditor to the Corporate Debtor and another related company. The impugned order was set aside, and all related actions were declared illegal. The Corporate Debtor was released from legal constraints, and the Adjudicating Authority was directed to fix the Interim Resolution Professional's fee to be paid by the Corporate Debtor. The appeal was allowed, emphasizing the importance of resolving invoice disputes and the impact of settlements on insolvency applications. en-us Tue, 29 May 2018 00:00:00 +0530 Fri, 27 Jul 2018 05:56:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364381 The Appellate Tribunal found the application under Section 9 of the Insolvency and Bankruptcy Code not maintainable due to a dispute over the authenticity of invoices issued by the Operational Creditor to the Corporate Debtor and another related company. The impugned order was set aside, and all related actions were declared illegal. The Corporate Debtor was released from legal constraints, and the Adjudicating Authority was directed to fix the Interim Resolution Professional's fee to be paid by the Corporate Debtor. The appeal was allowed, emphasizing the importance of resolving invoice disputes and the impact of settlements on insolvency applications. Case-Laws Insolvency and Bankruptcy Tue, 29 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364381