https://www.taxtmi.com/caselaws?id=398482 The tribunal upheld the validity of the Sub-Distribution Agreement between the Operational Creditor and Corporate Debtor, determining the debt as operational. The dispute raised by the Corporate Debtor was deemed baseless, and the application under Section 9 of the Insolvency and Bankruptcy Code was found timely. The tribunal dismissed the appeal against the NCLT's order, with no costs awarded. en-us Mon, 14 Sep 2020 00:00:00 +0530 Thu, 17 Sep 2020 15:00:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398482 The tribunal upheld the validity of the Sub-Distribution Agreement between the Operational Creditor and Corporate Debtor, determining the debt as operational. The dispute raised by the Corporate Debtor was deemed baseless, and the application under Section 9 of the Insolvency and Bankruptcy Code was found timely. The tribunal dismissed the appeal against the NCLT's order, with no costs awarded. Case-Laws Insolvency and Bankruptcy Mon, 14 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398482