https://www.taxtmi.com/caselaws?id=407258 A claim that machinery was handed over with missing parts was rejected as unsupported because the applicant had taken possession on an as-is-where-is basis and produced no contemporaneous inspection memo, inventory, or other record showing the condition at handover. In the absence of proof of any discrepancy, the Tribunal held that the application was misconceived and not maintainable. It also noted that the additional affidavit left no substantive relief surviving beyond a residuary prayer, so nothing remained for adjudication. The proceedings were therefore rejected without granting relief. en-us Tue, 20 Apr 2021 00:00:00 +0530 Wed, 05 May 2021 08:36:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407258 A claim that machinery was handed over with missing parts was rejected as unsupported because the applicant had taken possession on an as-is-where-is basis and produced no contemporaneous inspection memo, inventory, or other record showing the condition at handover. In the absence of proof of any discrepancy, the Tribunal held that the application was misconceived and not maintainable. It also noted that the additional affidavit left no substantive relief surviving beyond a residuary prayer, so nothing remained for adjudication. The proceedings were therefore rejected without granting relief. Case-Laws Insolvency and Bankruptcy Tue, 20 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407258