https://www.taxtmi.com/caselaws?id=284358 The Tribunal found in favor of the petitioner, Mahavir Traders, in a case involving the service of a demand notice under Section 8 of the Insolvency and Bankruptcy Code. The Tribunal determined that the demand notice was properly served, no genuine dispute existed between the parties at the time of notice, and the petition was not barred by limitation. As a result, the Tribunal admitted the petition, declared a moratorium under Section 14 of the Code, appointed an Interim Resolution Professional, and outlined further steps for the insolvency resolution process. en-us Tue, 30 Oct 2018 00:00:00 +0530 Thu, 14 Nov 2019 10:33:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284358 The Tribunal found in favor of the petitioner, Mahavir Traders, in a case involving the service of a demand notice under Section 8 of the Insolvency and Bankruptcy Code. The Tribunal determined that the demand notice was properly served, no genuine dispute existed between the parties at the time of notice, and the petition was not barred by limitation. As a result, the Tribunal admitted the petition, declared a moratorium under Section 14 of the Code, appointed an Interim Resolution Professional, and outlined further steps for the insolvency resolution process. Case-Laws Insolvency and Bankruptcy Tue, 30 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284358