https://www.taxtmi.com/caselaws?id=373356 The National Company Law Appellate Tribunal dismissed the claim made by 'M/s. Acquisory Consulting LLP' as an 'Operational Creditor' under Section 9 of the Insolvency and Bankruptcy Code against 'M/s. BCC Infrastructure Pvt. Ltd.' The rejection was based on the Appellant's failure to meet the criteria of an 'Operational Creditor' and the absence of a demand notice under Section 8(1) of the I&B Code served on the 'Corporate Debtor'. The Engagement Letter presented by the Appellant was deemed invalid due to discrepancies, lack of signatures, and the proof of services rendered was insufficient to establish a valid relationship or serve as a demand notice. The appeal was dismissed for lack of evidence supporting the claims. en-us Fri, 30 Nov 2018 00:00:00 +0530 Fri, 11 Jan 2019 10:51:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373356 The National Company Law Appellate Tribunal dismissed the claim made by 'M/s. Acquisory Consulting LLP' as an 'Operational Creditor' under Section 9 of the Insolvency and Bankruptcy Code against 'M/s. BCC Infrastructure Pvt. Ltd.' The rejection was based on the Appellant's failure to meet the criteria of an 'Operational Creditor' and the absence of a demand notice under Section 8(1) of the I&B Code served on the 'Corporate Debtor'. The Engagement Letter presented by the Appellant was deemed invalid due to discrepancies, lack of signatures, and the proof of services rendered was insufficient to establish a valid relationship or serve as a demand notice. The appeal was dismissed for lack of evidence supporting the claims. Case-Laws Insolvency and Bankruptcy Fri, 30 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373356