https://www.taxtmi.com/caselaws?id=398994 The Tribunal disposed of the petition, directing the Corporate Debtor to honor the cheques issued for the outstanding amount. The case emphasized the necessity of undisputed debts for initiating insolvency proceedings and clarified that the Insolvency and Bankruptcy Code is not intended solely for the recovery of outstanding amounts. en-us Thu, 20 Feb 2020 00:00:00 +0530 Wed, 30 Sep 2020 11:47:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398994 The Tribunal disposed of the petition, directing the Corporate Debtor to honor the cheques issued for the outstanding amount. The case emphasized the necessity of undisputed debts for initiating insolvency proceedings and clarified that the Insolvency and Bankruptcy Code is not intended solely for the recovery of outstanding amounts. Case-Laws Insolvency and Bankruptcy Thu, 20 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398994