https://www.taxtmi.com/caselaws?id=290868 A Section 9 IBC application was treated as within limitation because Article 137 applied and an email was accepted as a valid acknowledgement under Section 18 of the Limitation Act, giving rise to a fresh limitation period. The corporate debtor's objection on quantum of dues was not accepted as a pre-existing dispute, as no prior suit, arbitration, or comparable material was shown before the demand notice. Brokerage services rendered in connection with sales were held to fall within operational debt, and the record of bills, emails, and correspondence established the work relationship between the parties. On these findings, the insolvency petition was found maintainable and CIRP was directed, with moratorium and appointment of an IRP. en-us Wed, 22 Jan 2020 00:00:00 +0530 Mon, 19 Oct 2020 20:46:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290868 A Section 9 IBC application was treated as within limitation because Article 137 applied and an email was accepted as a valid acknowledgement under Section 18 of the Limitation Act, giving rise to a fresh limitation period. The corporate debtor's objection on quantum of dues was not accepted as a pre-existing dispute, as no prior suit, arbitration, or comparable material was shown before the demand notice. Brokerage services rendered in connection with sales were held to fall within operational debt, and the record of bills, emails, and correspondence established the work relationship between the parties. On these findings, the insolvency petition was found maintainable and CIRP was directed, with moratorium and appointment of an IRP. Case-Laws Insolvency and Bankruptcy Wed, 22 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290868