https://www.taxtmi.com/caselaws?id=392683 The petition filed by Terra Infra Development Limited against KMC Construction Limited for defaulting on a payment under a subcontract was dismissed. The tribunal concluded that the claim was barred by limitation, as the petitioner abandoned the contract, failed to obtain necessary certifications, and no ongoing dispute existed. Consequently, the tribunal found no debt and dismissed the petition under Section 9 of the Insolvency and Bankruptcy Code, 2016. en-us Fri, 06 Dec 2019 00:00:00 +0530 Wed, 26 Feb 2020 11:16:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392683 The petition filed by Terra Infra Development Limited against KMC Construction Limited for defaulting on a payment under a subcontract was dismissed. The tribunal concluded that the claim was barred by limitation, as the petitioner abandoned the contract, failed to obtain necessary certifications, and no ongoing dispute existed. Consequently, the tribunal found no debt and dismissed the petition under Section 9 of the Insolvency and Bankruptcy Code, 2016. Case-Laws Insolvency and Bankruptcy Fri, 06 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392683