https://www.taxtmi.com/caselaws?id=275047 Workmen and employees, as operational creditors, may file a Section 9 insolvency application jointly through a duly authorised representative where the application forms permit such collective filing. The minimum threshold objection failed because at least one claimant's debt met the statutory minimum. Where default in payment of wages was established, along with service of demand notice and supporting declarations and bank certificate, the insolvency application was admitted. In the absence of a proposed insolvency resolution professional, an interim resolution professional was appointed and corporate insolvency resolution process commenced with moratorium and other statutory consequences. en-us Wed, 10 Jan 2018 00:00:00 +0530 Sun, 16 Sep 2018 18:22:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275047 Workmen and employees, as operational creditors, may file a Section 9 insolvency application jointly through a duly authorised representative where the application forms permit such collective filing. The minimum threshold objection failed because at least one claimant's debt met the statutory minimum. Where default in payment of wages was established, along with service of demand notice and supporting declarations and bank certificate, the insolvency application was admitted. In the absence of a proposed insolvency resolution professional, an interim resolution professional was appointed and corporate insolvency resolution process commenced with moratorium and other statutory consequences. Case-Laws Insolvency and Bankruptcy Wed, 10 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275047