https://www.taxtmi.com/caselaws?id=289789 The Tribunal rejected the Company Petition under section 9 of the Insolvency & Bankruptcy Code, 2016, citing unresolved disputes between the Operational Creditor and Corporate Debtor regarding the quality of goods supplied and service delivery delays. The decision emphasized that the rejection did not assess the merit of the claim, allowing the Operational Creditor to pursue legal remedies. The order clarified that it would not impact other proceedings except under the Insolvency & Bankruptcy Code, with the Registry instructed to promptly inform the Operational Creditor of the rejection based on ongoing disputes despite prior agreements. en-us Tue, 02 Apr 2019 00:00:00 +0530 Sat, 22 Aug 2020 09:33:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289789 The Tribunal rejected the Company Petition under section 9 of the Insolvency & Bankruptcy Code, 2016, citing unresolved disputes between the Operational Creditor and Corporate Debtor regarding the quality of goods supplied and service delivery delays. The decision emphasized that the rejection did not assess the merit of the claim, allowing the Operational Creditor to pursue legal remedies. The order clarified that it would not impact other proceedings except under the Insolvency & Bankruptcy Code, with the Registry instructed to promptly inform the Operational Creditor of the rejection based on ongoing disputes despite prior agreements. Case-Laws Insolvency and Bankruptcy Tue, 02 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289789