https://www.taxtmi.com/caselaws?id=383432 The Tribunal allowed the Respondent to change the format of the application under Section 9 to that of Section 7, permitting the filing of a fresh application under Section 7 without notice. The issue of whether the debt is time-barred was left open for further consideration. The judgment emphasized the provisions of the Insolvency and Bankruptcy Code regarding default, debt, financial creditor, and operational creditor, clarifying the procedures for initiating the insolvency resolution process. The parties were given an opportunity to settle the dispute before further orders were scheduled. en-us Fri, 01 Feb 2019 00:00:00 +0530 Wed, 24 Jul 2019 07:37:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383432 The Tribunal allowed the Respondent to change the format of the application under Section 9 to that of Section 7, permitting the filing of a fresh application under Section 7 without notice. The issue of whether the debt is time-barred was left open for further consideration. The judgment emphasized the provisions of the Insolvency and Bankruptcy Code regarding default, debt, financial creditor, and operational creditor, clarifying the procedures for initiating the insolvency resolution process. The parties were given an opportunity to settle the dispute before further orders were scheduled. Case-Laws Insolvency and Bankruptcy Fri, 01 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383432