https://www.taxtmi.com/caselaws?id=284859 The Tribunal dismissed the petition invoking Section 9 of the Insolvency and Bankruptcy Code against the Respondent, a sole proprietorship concern, for outstanding payments. The Respondent's argument that the Applicant, M/s. Sai Kripa Associates, lacked legal entity status to sue was accepted. The petition was deemed not maintainable under the IBC, with the Tribunal granting the Sole Proprietor liberty to refile after issuing a proper Notice under Section 8 and complying with the Code's provisions. en-us Thu, 30 Aug 2018 00:00:00 +0530 Sat, 14 Dec 2019 10:05:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284859 The Tribunal dismissed the petition invoking Section 9 of the Insolvency and Bankruptcy Code against the Respondent, a sole proprietorship concern, for outstanding payments. The Respondent's argument that the Applicant, M/s. Sai Kripa Associates, lacked legal entity status to sue was accepted. The petition was deemed not maintainable under the IBC, with the Tribunal granting the Sole Proprietor liberty to refile after issuing a proper Notice under Section 8 and complying with the Code's provisions. Case-Laws Insolvency and Bankruptcy Thu, 30 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284859