https://www.taxtmi.com/caselaws?id=396654 The Tribunal rejected the Operational Creditor's application to initiate Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor. The rejection was based on several factors, including the majority of invoices being beyond the limitation period, one invoice being unsigned, inadequate documentation and evidence, lack of a formal agreement, absence of debt acknowledgment, and specific payments made by the Corporate Debtor for earlier invoices, not the disputed ones. The application was dismissed with no costs, and the order was communicated to both parties through registered post/speed post. en-us Tue, 25 Feb 2020 00:00:00 +0530 Wed, 15 Jul 2020 12:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396654 The Tribunal rejected the Operational Creditor's application to initiate Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor. The rejection was based on several factors, including the majority of invoices being beyond the limitation period, one invoice being unsigned, inadequate documentation and evidence, lack of a formal agreement, absence of debt acknowledgment, and specific payments made by the Corporate Debtor for earlier invoices, not the disputed ones. The application was dismissed with no costs, and the order was communicated to both parties through registered post/speed post. Case-Laws Insolvency and Bankruptcy Tue, 25 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396654