https://www.taxtmi.com/caselaws?id=376857 The Tribunal admitted the petition filed by the Operational Creditor against the Corporate Debtor for non-payment of outstanding liability under three invoices. Despite the Corporate Debtor's disputes regarding the quality and quantity of goods supplied, the Tribunal found no substantial dispute raised by the Corporate Debtor and appointed an Interim Resolution Professional to oversee the resolution process. The Operational Creditor was directed to deposit funds with the IRP for immediate expenses, emphasizing the importance of cooperation in facilitating the resolution process effectively. en-us Mon, 17 Dec 2018 00:00:00 +0530 Mon, 18 Mar 2019 08:39:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376857 The Tribunal admitted the petition filed by the Operational Creditor against the Corporate Debtor for non-payment of outstanding liability under three invoices. Despite the Corporate Debtor's disputes regarding the quality and quantity of goods supplied, the Tribunal found no substantial dispute raised by the Corporate Debtor and appointed an Interim Resolution Professional to oversee the resolution process. The Operational Creditor was directed to deposit funds with the IRP for immediate expenses, emphasizing the importance of cooperation in facilitating the resolution process effectively. Case-Laws Insolvency and Bankruptcy Mon, 17 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376857