https://www.taxtmi.com/caselaws?id=385458 The Tribunal dismissed the Company Application filed by the Operational Creditor against the Corporate Debtor for initiation of Corporate Insolvency Resolution Process under the Insolvency & Bankruptcy Code, 2016. The dismissal was due to the presence of an ongoing dispute between the parties regarding the quality and payment for the supplied Clinker, rendering the petition inadmissible under Section 9 of the Code. The Tribunal granted liberty to proceed as per the law and exempted the time spent on the proceedings under the Limitation Act, 1963. en-us Wed, 22 May 2019 00:00:00 +0530 Thu, 05 Sep 2019 18:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385458 The Tribunal dismissed the Company Application filed by the Operational Creditor against the Corporate Debtor for initiation of Corporate Insolvency Resolution Process under the Insolvency & Bankruptcy Code, 2016. The dismissal was due to the presence of an ongoing dispute between the parties regarding the quality and payment for the supplied Clinker, rendering the petition inadmissible under Section 9 of the Code. The Tribunal granted liberty to proceed as per the law and exempted the time spent on the proceedings under the Limitation Act, 1963. Case-Laws Insolvency and Bankruptcy Wed, 22 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385458