https://www.taxtmi.com/caselaws?id=394601 An application under section 9 of the Insolvency and Bankruptcy Code was found complete and maintainable where invoices supported an outstanding operational debt above the statutory threshold, the first default was identified as 08.06.2017, and the demand notice was served without any reply or pre-existing dispute from the corporate debtor. The tribunal recorded that the claim was filed within limitation and that the materials established debt, default, and absence of dispute. On that basis, the statutory requirements for admission and commencement of the corporate insolvency resolution process were satisfied, and the application was admitted. en-us Mon, 13 Jan 2020 00:00:00 +0530 Sat, 18 Apr 2020 14:14:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394601 An application under section 9 of the Insolvency and Bankruptcy Code was found complete and maintainable where invoices supported an outstanding operational debt above the statutory threshold, the first default was identified as 08.06.2017, and the demand notice was served without any reply or pre-existing dispute from the corporate debtor. The tribunal recorded that the claim was filed within limitation and that the materials established debt, default, and absence of dispute. On that basis, the statutory requirements for admission and commencement of the corporate insolvency resolution process were satisfied, and the application was admitted. Case-Laws Insolvency and Bankruptcy Mon, 13 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394601