https://www.taxtmi.com/caselaws?id=407001 The operational creditor established unpaid operational debt through invoices, demand notice, and a bank certificate showing the last payment, and the corporate debtor did not file a statutory reply disputing the claim. The tribunal held the application complete, within limitation, and not barred by any substantiated pre-existing dispute, as the allegation of inferior material and full payment was unsupported by documents. On satisfaction of the statutory conditions, the petition was admitted, CIRP was commenced, an interim resolution professional was appointed, and moratorium and consequential management directions were issued. en-us Tue, 23 Mar 2021 00:00:00 +0530 Wed, 28 Apr 2021 11:51:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407001 The operational creditor established unpaid operational debt through invoices, demand notice, and a bank certificate showing the last payment, and the corporate debtor did not file a statutory reply disputing the claim. The tribunal held the application complete, within limitation, and not barred by any substantiated pre-existing dispute, as the allegation of inferior material and full payment was unsupported by documents. On satisfaction of the statutory conditions, the petition was admitted, CIRP was commenced, an interim resolution professional was appointed, and moratorium and consequential management directions were issued. Case-Laws Insolvency and Bankruptcy Tue, 23 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407001