https://www.taxtmi.com/caselaws?id=294868 A Section 9 insolvency application was treated as maintainable where services under retainership contracts gave rise to unpaid operational debt, no pre-existing dispute was shown, and default was established. Invoices for the earlier period were held time-barred because there was no acknowledgement extending limitation, but invoices raised from 12.11.2015 onwards were within limitation. On that basis, the applicant was recognised as an operational creditor, the application was found complete, and insolvency resolution steps, including moratorium, were directed to commence. en-us Fri, 26 Apr 2019 00:00:00 +0530 Fri, 07 May 2021 08:04:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294868 A Section 9 insolvency application was treated as maintainable where services under retainership contracts gave rise to unpaid operational debt, no pre-existing dispute was shown, and default was established. Invoices for the earlier period were held time-barred because there was no acknowledgement extending limitation, but invoices raised from 12.11.2015 onwards were within limitation. On that basis, the applicant was recognised as an operational creditor, the application was found complete, and insolvency resolution steps, including moratorium, were directed to commence. Case-Laws Insolvency and Bankruptcy Fri, 26 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294868