https://www.taxtmi.com/caselaws?id=405545 The Tribunal dismissed the application for initiating the Corporate Insolvency Resolution Process against the Corporate Debtor due to the legal invalidity of the joint application by Operational Creditors. The judgment emphasized the necessity of individual filings by Operational Creditors under Sections 8 and 9 of the Insolvency and Bankruptcy Code to adhere to legal compliance and procedural requirements. en-us Fri, 05 Mar 2021 00:00:00 +0530 Tue, 23 Mar 2021 08:41:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405545 The Tribunal dismissed the application for initiating the Corporate Insolvency Resolution Process against the Corporate Debtor due to the legal invalidity of the joint application by Operational Creditors. The judgment emphasized the necessity of individual filings by Operational Creditors under Sections 8 and 9 of the Insolvency and Bankruptcy Code to adhere to legal compliance and procedural requirements. Case-Laws Insolvency and Bankruptcy Fri, 05 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405545