https://www.taxtmi.com/caselaws?id=374589 The Tribunal dismissed the Company Petition under Section 9 of the Insolvency and Bankruptcy Code, ruling in favor of the Corporate Debtor. The dispute over the payment for services rendered in April 2016 was raised by the Corporate Debtor before the Operational Creditor served the Section 8 notice. The Tribunal held that since the invoice amount had been disputed earlier and the payment issue communicated in September 2016, the Operational Creditor's petition did not qualify as an operational debt under the Code. en-us Tue, 11 Dec 2018 00:00:00 +0530 Tue, 05 Feb 2019 06:13:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374589 The Tribunal dismissed the Company Petition under Section 9 of the Insolvency and Bankruptcy Code, ruling in favor of the Corporate Debtor. The dispute over the payment for services rendered in April 2016 was raised by the Corporate Debtor before the Operational Creditor served the Section 8 notice. The Tribunal held that since the invoice amount had been disputed earlier and the payment issue communicated in September 2016, the Operational Creditor's petition did not qualify as an operational debt under the Code. Case-Laws Insolvency and Bankruptcy Tue, 11 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374589