https://www.taxtmi.com/caselaws?id=399037 The tribunal admitted the petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, initiating Corporate Insolvency Resolution Process (CIRP) against the corporate debtor. The operational creditor proved the debt and default, leading to the appointment of an Interim Resolution Professional (IRP) and declaration of a moratorium under Section 14 of the IBC. The tribunal rejected the corporate debtor's arguments on the dispute and quantum of the amount, finding them not to be pre-existing disputes. Compliance with procedural requirements was ensured, and the CIRP was set in motion. en-us Wed, 10 Jun 2020 00:00:00 +0530 Thu, 01 Oct 2020 11:40:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399037 The tribunal admitted the petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, initiating Corporate Insolvency Resolution Process (CIRP) against the corporate debtor. The operational creditor proved the debt and default, leading to the appointment of an Interim Resolution Professional (IRP) and declaration of a moratorium under Section 14 of the IBC. The tribunal rejected the corporate debtor's arguments on the dispute and quantum of the amount, finding them not to be pre-existing disputes. Compliance with procedural requirements was ensured, and the CIRP was set in motion. Case-Laws Insolvency and Bankruptcy Wed, 10 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399037