https://www.taxtmi.com/caselaws?id=281356 An application under section 9 of the Insolvency and Bankruptcy Code, 2016 was found to be within limitation under section 238A because it was filed within three years from the asserted default. The Tribunal also found no genuine pre-existing dispute, as the debtor's reply and objections reflected an admission of liability despite objections on interest and quality. Applying the settled admission test, it held that operational debt, default and procedural completeness were established, there was no disciplinary issue against the proposed resolution professional, and the corporate insolvency resolution process was admitted to commence with moratorium directions. en-us Mon, 11 Mar 2019 00:00:00 +0530 Sat, 15 Jun 2019 07:49:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281356 An application under section 9 of the Insolvency and Bankruptcy Code, 2016 was found to be within limitation under section 238A because it was filed within three years from the asserted default. The Tribunal also found no genuine pre-existing dispute, as the debtor's reply and objections reflected an admission of liability despite objections on interest and quality. Applying the settled admission test, it held that operational debt, default and procedural completeness were established, there was no disciplinary issue against the proposed resolution professional, and the corporate insolvency resolution process was admitted to commence with moratorium directions. Case-Laws Insolvency and Bankruptcy Mon, 11 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281356