https://www.taxtmi.com/caselaws?id=378495 The Tribunal determined that the applicant is an operational creditor, and the claim for arrears of rent constitutes an operational debt. However, a bona fide dispute regarding the area of the premises and the rent rate necessitated further investigation. Consequently, the application was deemed not maintainable under Section 9 of the Insolvency & Bankruptcy Code, leading to the rejection of the petition without costs. en-us Mon, 23 Jul 2018 00:00:00 +0530 Wed, 17 Apr 2019 14:38:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378495 The Tribunal determined that the applicant is an operational creditor, and the claim for arrears of rent constitutes an operational debt. However, a bona fide dispute regarding the area of the premises and the rent rate necessitated further investigation. Consequently, the application was deemed not maintainable under Section 9 of the Insolvency & Bankruptcy Code, leading to the rejection of the petition without costs. Case-Laws Insolvency and Bankruptcy Mon, 23 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378495