https://www.taxtmi.com/caselaws?id=289424 The Tribunal admitted the application filed by M/s. Capedge P. Ltd. under Section 9 of the Insolvency and Bankruptcy Code against M/s. India Techs Ltd. It found the application maintainable, disregarding the corporate debtor's objection on non-receipt of the demand notice as evidence proved otherwise. The Tribunal dismissed the claim of a pre-existing dispute between the parties, emphasizing the lack of genuine dispute prior to the demand notice. Compliance with procedural requirements was confirmed, leading to the appointment of Mr. Sasitharan Ramaswamy as the interim resolution professional. A moratorium under Section 14 of the Insolvency and Bankruptcy Code was declared, halting certain actions against the corporate debtor. en-us Fri, 25 Oct 2019 00:00:00 +0530 Thu, 30 Jul 2020 09:56:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289424 The Tribunal admitted the application filed by M/s. Capedge P. Ltd. under Section 9 of the Insolvency and Bankruptcy Code against M/s. India Techs Ltd. It found the application maintainable, disregarding the corporate debtor's objection on non-receipt of the demand notice as evidence proved otherwise. The Tribunal dismissed the claim of a pre-existing dispute between the parties, emphasizing the lack of genuine dispute prior to the demand notice. Compliance with procedural requirements was confirmed, leading to the appointment of Mr. Sasitharan Ramaswamy as the interim resolution professional. A moratorium under Section 14 of the Insolvency and Bankruptcy Code was declared, halting certain actions against the corporate debtor. Case-Laws Insolvency and Bankruptcy Fri, 25 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289424