https://www.taxtmi.com/caselaws?id=279964 The Tribunal upheld the decision to admit the application under Section 7 of the Insolvency and Bankruptcy Code, 2016, for initiating the Corporate Insolvency Resolution Process against the Corporate Debtor. The challenge to the admission based on the validity of Assignment Agreements and the dispute over the Corporate Debtor's account status as a Non-Performing Asset were dismissed. The Tribunal emphasized that the authenticity of the Assignment Agreement dated 17th April, 2015, could not be questioned without specific objections raised by the Corporate Debtor under Section 65 of the Code regarding fraud. en-us Tue, 30 Oct 2018 00:00:00 +0530 Sat, 13 Apr 2019 05:44:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279964 The Tribunal upheld the decision to admit the application under Section 7 of the Insolvency and Bankruptcy Code, 2016, for initiating the Corporate Insolvency Resolution Process against the Corporate Debtor. The challenge to the admission based on the validity of Assignment Agreements and the dispute over the Corporate Debtor's account status as a Non-Performing Asset were dismissed. The Tribunal emphasized that the authenticity of the Assignment Agreement dated 17th April, 2015, could not be questioned without specific objections raised by the Corporate Debtor under Section 65 of the Code regarding fraud. Case-Laws Insolvency and Bankruptcy Tue, 30 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279964