https://www.taxtmi.com/caselaws?id=286185 The Tribunal dismissed the application under Section 9 of the Insolvency and Bankruptcy Code as the operational creditor did not meet the criteria to be considered an operational creditor. The claim for non-payment of debt based on the return of an advance in breach of terms was not deemed an operational debt as defined by the Code. The application was dismissed on October 11, 2018. en-us Thu, 11 Oct 2018 00:00:00 +0530 Sun, 16 Feb 2020 08:56:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286185 The Tribunal dismissed the application under Section 9 of the Insolvency and Bankruptcy Code as the operational creditor did not meet the criteria to be considered an operational creditor. The claim for non-payment of debt based on the return of an advance in breach of terms was not deemed an operational debt as defined by the Code. The application was dismissed on October 11, 2018. Case-Laws Insolvency and Bankruptcy Thu, 11 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286185