https://www.taxtmi.com/caselaws?id=291907 The Tribunal dismissed the Application due to the non-service of the Demand Notice on the Corporate Debtor, emphasizing the importance of adhering to procedural requirements for initiating insolvency proceedings as mandated by the Insolvency and Bankruptcy Code, 2016. The absence of proper service deprived the Corporate Debtor of the opportunity to dispute the claim within the specified timeframe, leading to the dismissal of the Application in accordance with Section 9(5)(ii) of the I&B Code, 2016. en-us Thu, 12 Dec 2019 00:00:00 +0530 Mon, 30 Nov 2020 10:05:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291907 The Tribunal dismissed the Application due to the non-service of the Demand Notice on the Corporate Debtor, emphasizing the importance of adhering to procedural requirements for initiating insolvency proceedings as mandated by the Insolvency and Bankruptcy Code, 2016. The absence of proper service deprived the Corporate Debtor of the opportunity to dispute the claim within the specified timeframe, leading to the dismissal of the Application in accordance with Section 9(5)(ii) of the I&B Code, 2016. Case-Laws Insolvency and Bankruptcy Thu, 12 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291907