https://www.taxtmi.com/caselaws?id=399797 The Tribunal dismissed the application for dismissal of proceedings initiated under Section 7 of the Insolvency and Bankruptcy Code, 2016. It was concluded that the Financial Creditor had established a case for initiating Corporate Insolvency Resolution Process against the Corporate Debtor due to default in repayment of financial debt. The initiation of CIRP was to be decided on its merits, and the application for dismissal was rejected. en-us Mon, 02 Mar 2020 00:00:00 +0530 Tue, 20 Oct 2020 08:10:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399797 The Tribunal dismissed the application for dismissal of proceedings initiated under Section 7 of the Insolvency and Bankruptcy Code, 2016. It was concluded that the Financial Creditor had established a case for initiating Corporate Insolvency Resolution Process against the Corporate Debtor due to default in repayment of financial debt. The initiation of CIRP was to be decided on its merits, and the application for dismissal was rejected. Case-Laws Insolvency and Bankruptcy Mon, 02 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399797