https://www.taxtmi.com/article/detailed?id=9534 Applications for initiating CIRP must be complete, accompanied by prescribed fee, and free from disqualifying factors such as a pending disciplinary case against the proposed interim resolution professional; the Adjudicating Authority may allow brief rectification but may reject filings with persistent defects. Maintainability has been denied where operational claims lacked transactional evidence or pre-existing disputes were shown, where limitation periods barred the claim, where Section 10A's COVID suspension covered the default date, where claims did not qualify as operational or financial debt, or where material discrepancies in financial records remained unexplained. en-us Tue, 03 Nov 2020 11:14:58 +0530 Tue, 03 Nov 2020 11:14:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9534 Applications for initiating CIRP must be complete, accompanied by prescribed fee, and free from disqualifying factors such as a pending disciplinary case against the proposed interim resolution professional; the Adjudicating Authority may allow brief rectification but may reject filings with persistent defects. Maintainability has been denied where operational claims lacked transactional evidence or pre-existing disputes were shown, where limitation periods barred the claim, where Section 10A's COVID suspension covered the default date, where claims did not qualify as operational or financial debt, or where material discrepancies in financial records remained unexplained. Articles Corporate Laws / IBC / SEBI Tue, 03 Nov 2020 11:14:58 +0530 https://www.taxtmi.com/article/detailed?id=9534