https://www.taxtmi.com/caselaws?id=380258 Objections to an assignee's standing under a debt assignment were rejected because the receivable remained an assignable asset and the borrower's rights were not affected by transfer of the financial asset. Defects in authorisation and related filing irregularities were treated as curable once supporting board authority documents were produced, and they did not defeat maintainability after completion of the application. On the facts, settlement discussions, dishonoured cheques and admitted liability established default and satisfaction of the statutory threshold, so the insolvency petition was admitted, moratorium was declared, and an interim resolution professional was appointed for commencement of CIRP. en-us Fri, 15 Feb 2019 00:00:00 +0530 Thu, 16 May 2019 14:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380258 Objections to an assignee's standing under a debt assignment were rejected because the receivable remained an assignable asset and the borrower's rights were not affected by transfer of the financial asset. Defects in authorisation and related filing irregularities were treated as curable once supporting board authority documents were produced, and they did not defeat maintainability after completion of the application. On the facts, settlement discussions, dishonoured cheques and admitted liability established default and satisfaction of the statutory threshold, so the insolvency petition was admitted, moratorium was declared, and an interim resolution professional was appointed for commencement of CIRP. Case-Laws Insolvency and Bankruptcy Fri, 15 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380258