https://www.taxtmi.com/caselaws?id=398877 The Tribunal dismissed the petition to initiate Corporate Insolvency Resolution Process (CIRP) against the corporate debtor. It found that the financial creditors did not provide evidence of a validly executed Unit Buyer's Agreement, necessary for the assured returns to be due. As a result, the Tribunal ruled that the debt had not matured, leading to the dismissal of the petition without costs. en-us Mon, 27 Jul 2020 00:00:00 +0530 Sat, 26 Sep 2020 11:41:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398877 The Tribunal dismissed the petition to initiate Corporate Insolvency Resolution Process (CIRP) against the corporate debtor. It found that the financial creditors did not provide evidence of a validly executed Unit Buyer's Agreement, necessary for the assured returns to be due. As a result, the Tribunal ruled that the debt had not matured, leading to the dismissal of the petition without costs. Case-Laws Insolvency and Bankruptcy Mon, 27 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398877