https://www.taxtmi.com/caselaws?id=386571 A demand notice under section 8 of the Insolvency and Bankruptcy Code may be issued by an advocate on behalf of an operational creditor, and an earlier appellate order setting aside a prior admission for service defects did not bar a fresh application on merits. On the facts, supply of goods, outstanding invoices, account confirmation, admitted liability above the statutory threshold, and duly served demand notice established operational debt and default. No pre-existing dispute or pending suit or arbitration was shown. The section 9 application was therefore admitted, moratorium was ordered, and the interim resolution process was set in motion. en-us Fri, 21 Jun 2019 00:00:00 +0530 Thu, 03 Oct 2019 06:08:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386571 A demand notice under section 8 of the Insolvency and Bankruptcy Code may be issued by an advocate on behalf of an operational creditor, and an earlier appellate order setting aside a prior admission for service defects did not bar a fresh application on merits. On the facts, supply of goods, outstanding invoices, account confirmation, admitted liability above the statutory threshold, and duly served demand notice established operational debt and default. No pre-existing dispute or pending suit or arbitration was shown. The section 9 application was therefore admitted, moratorium was ordered, and the interim resolution process was set in motion. Case-Laws Insolvency and Bankruptcy Fri, 21 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386571