https://www.taxtmi.com/caselaws?id=294870 The Appellate Tribunal allowed the Director of the 'Corporate Debtor' to substitute the Corporate Debtor as the Appellant. The National Company Law Tribunal, Mumbai Bench, had jurisdiction to entertain the application under Section 9 of the Insolvency and Bankruptcy Code, rejecting the argument for pursuing legal action in a German court. The Tribunal held that insolvency proceedings are distinct. The issue of serving a Demand Notice under Section 8(1) of the I&B Code was also addressed, with the Tribunal dismissing the Appeal due to lack of merit as neither party could repay the debt. en-us Wed, 21 Aug 2019 00:00:00 +0530 Fri, 07 May 2021 08:04:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294870 The Appellate Tribunal allowed the Director of the 'Corporate Debtor' to substitute the Corporate Debtor as the Appellant. The National Company Law Tribunal, Mumbai Bench, had jurisdiction to entertain the application under Section 9 of the Insolvency and Bankruptcy Code, rejecting the argument for pursuing legal action in a German court. The Tribunal held that insolvency proceedings are distinct. The issue of serving a Demand Notice under Section 8(1) of the I&B Code was also addressed, with the Tribunal dismissing the Appeal due to lack of merit as neither party could repay the debt. Case-Laws Insolvency and Bankruptcy Wed, 21 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294870