https://www.taxtmi.com/caselaws?id=287285 The Tribunal rejected the Operational Creditor's application under Section 9 of the Insolvency and Bankruptcy Code against the Corporate Debtor due to disputes and discrepancies in the invoices provided. The Corporate Debtor partially accepted liability for a specific amount but contested the rest based on alleged invoice inconsistencies and non-delivery of goods. The Tribunal emphasized the importance of serving a notice of demand under Section 8 before initiating Section 9 proceedings and concluded that the petition lacked merit. No costs were imposed on either party, with directions to receive free copies of the order. en-us Tue, 20 Aug 2019 00:00:00 +0530 Tue, 07 Apr 2020 09:57:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287285 The Tribunal rejected the Operational Creditor's application under Section 9 of the Insolvency and Bankruptcy Code against the Corporate Debtor due to disputes and discrepancies in the invoices provided. The Corporate Debtor partially accepted liability for a specific amount but contested the rest based on alleged invoice inconsistencies and non-delivery of goods. The Tribunal emphasized the importance of serving a notice of demand under Section 8 before initiating Section 9 proceedings and concluded that the petition lacked merit. No costs were imposed on either party, with directions to receive free copies of the order. Case-Laws Insolvency and Bankruptcy Tue, 20 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287285