https://www.taxtmi.com/caselaws?id=288493 Service of the demand notice and section 9 application was accepted where dispatch was proved, a board resolution authorised the representative, and an advocate could validly issue the notice; the application was also complete and properly signed. A limitation objection based on older invoices failed because six cheques issued later constituted acknowledgment of liability, extending limitation. Operational debt and default were established from supply of goods and non-payment of admitted dues, while the alleged missing cheques and stop-payment instructions were unsupported and no credible pre-existing dispute existed. The insolvency application was therefore admitted, CIRP commenced, and moratorium followed. en-us Thu, 26 Sep 2019 00:00:00 +0530 Wed, 10 Jun 2020 20:05:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288493 Service of the demand notice and section 9 application was accepted where dispatch was proved, a board resolution authorised the representative, and an advocate could validly issue the notice; the application was also complete and properly signed. A limitation objection based on older invoices failed because six cheques issued later constituted acknowledgment of liability, extending limitation. Operational debt and default were established from supply of goods and non-payment of admitted dues, while the alleged missing cheques and stop-payment instructions were unsupported and no credible pre-existing dispute existed. The insolvency application was therefore admitted, CIRP commenced, and moratorium followed. Case-Laws Insolvency and Bankruptcy Thu, 26 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288493