https://www.taxtmi.com/caselaws?id=406106 The petition under Section 9 of The Insolvency and Bankruptcy Code, 2016, filed by the operational creditor against the private limited company for non-payment of dues was dismissed due to the invalidity of the power of attorney and lack of essential documents. The respondent's partial payment and failure to clear the outstanding debt led to a demand for interest, but the petition was deemed not maintainable. The dismissal did not preclude the petitioner from pursuing other legal avenues to enforce the claim. en-us Tue, 30 Mar 2021 00:00:00 +0530 Tue, 06 Apr 2021 08:52:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406106 The petition under Section 9 of The Insolvency and Bankruptcy Code, 2016, filed by the operational creditor against the private limited company for non-payment of dues was dismissed due to the invalidity of the power of attorney and lack of essential documents. The respondent's partial payment and failure to clear the outstanding debt led to a demand for interest, but the petition was deemed not maintainable. The dismissal did not preclude the petitioner from pursuing other legal avenues to enforce the claim. Case-Laws Insolvency and Bankruptcy Tue, 30 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406106