https://www.taxtmi.com/caselaws?id=292827 The National Company Law Appellate Tribunal allowed the appeal of the Operational Creditor, setting aside the dismissal of the application under section 9 of the Insolvency and Bankruptcy Code, 2016, due to an invalid demand notice issuance. The Tribunal held that the notice issued by an Advocate on behalf of the Operational Creditor was valid, contrary to the Adjudicating Authority's decision. The matter was remitted back for further consideration, directing the Corporate Debtor to settle the claim and instructing the Appellant to appear before the Adjudicating Authority on a specified date. en-us Sat, 08 Jan 2011 00:00:00 +0530 Sat, 09 Jan 2021 12:40:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292827 The National Company Law Appellate Tribunal allowed the appeal of the Operational Creditor, setting aside the dismissal of the application under section 9 of the Insolvency and Bankruptcy Code, 2016, due to an invalid demand notice issuance. The Tribunal held that the notice issued by an Advocate on behalf of the Operational Creditor was valid, contrary to the Adjudicating Authority's decision. The matter was remitted back for further consideration, directing the Corporate Debtor to settle the claim and instructing the Appellant to appear before the Adjudicating Authority on a specified date. Case-Laws Insolvency and Bankruptcy Sat, 08 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292827