https://www.taxtmi.com/caselaws?id=370064 The Tribunal found the application under Section 9 of the Insolvency & Bankruptcy Code, 2016, filed by the Operational Creditor against the Corporate Debtor to be maintainable. It ruled that there was no pre-existing dispute regarding the quality and quantity of goods transported. The demand notice was deemed to have been duly delivered, and the outstanding amount claimed by the Operational Creditor was found to be due. Despite some non-compliance with Section 9(5) requirements, the Tribunal admitted the application, initiating the Corporate Insolvency Resolution Process and appointing an Interim Resolution Professional. en-us Wed, 03 Oct 2018 00:00:00 +0530 Thu, 08 Nov 2018 11:01:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370064 The Tribunal found the application under Section 9 of the Insolvency & Bankruptcy Code, 2016, filed by the Operational Creditor against the Corporate Debtor to be maintainable. It ruled that there was no pre-existing dispute regarding the quality and quantity of goods transported. The demand notice was deemed to have been duly delivered, and the outstanding amount claimed by the Operational Creditor was found to be due. Despite some non-compliance with Section 9(5) requirements, the Tribunal admitted the application, initiating the Corporate Insolvency Resolution Process and appointing an Interim Resolution Professional. Case-Laws Insolvency and Bankruptcy Wed, 03 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370064