https://www.taxtmi.com/caselaws?id=374149 The Tribunal held that the petitioner, M/s. Cyient Ltd., did not qualify as an operational creditor under the Insolvency and Bankruptcy Code. The unpaid service tax refund claimed by the petitioner was not considered an operational debt. As a result, the petition to initiate the corporate insolvency resolution process against the corporate debtor, Techwave Infotech P. Ltd., was rejected by the Tribunal. en-us Mon, 23 Jul 2018 00:00:00 +0530 Fri, 25 Jan 2019 17:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374149 The Tribunal held that the petitioner, M/s. Cyient Ltd., did not qualify as an operational creditor under the Insolvency and Bankruptcy Code. The unpaid service tax refund claimed by the petitioner was not considered an operational debt. As a result, the petition to initiate the corporate insolvency resolution process against the corporate debtor, Techwave Infotech P. Ltd., was rejected by the Tribunal. Case-Laws Insolvency and Bankruptcy Mon, 23 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374149