https://www.taxtmi.com/caselaws?id=284283 The Tribunal dismissed the application under the Insolvency and Bankruptcy Code, citing the Operational Creditor's failure to disclose material particulars and the existence of an ongoing dispute between the parties. The Tribunal found that the dispute rendered the application inadmissible under Section 9(1) of the IBC, emphasizing the importance of disclosing such details in insolvency proceedings. The decision clarified that it does not prejudice the rights of the Applicants before any other forum. en-us Wed, 02 Jan 2019 00:00:00 +0530 Thu, 19 May 2022 16:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284283 The Tribunal dismissed the application under the Insolvency and Bankruptcy Code, citing the Operational Creditor's failure to disclose material particulars and the existence of an ongoing dispute between the parties. The Tribunal found that the dispute rendered the application inadmissible under Section 9(1) of the IBC, emphasizing the importance of disclosing such details in insolvency proceedings. The decision clarified that it does not prejudice the rights of the Applicants before any other forum. Case-Laws Insolvency and Bankruptcy Wed, 02 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284283