https://www.taxtmi.com/caselaws?id=407518 The Petitioner failed to prove the existence of any outstanding operational debt as required under the Insolvency and Bankruptcy Code. The invoices presented were fully paid, additional charges were unsupported, confirmatory letters were potentially forged, and cheques were deemed security deposits. As a result, the petition was dismissed in Case CP (IB)424/MB/2020. en-us Thu, 06 May 2021 00:00:00 +0530 Thu, 13 May 2021 08:28:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407518 The Petitioner failed to prove the existence of any outstanding operational debt as required under the Insolvency and Bankruptcy Code. The invoices presented were fully paid, additional charges were unsupported, confirmatory letters were potentially forged, and cheques were deemed security deposits. As a result, the petition was dismissed in Case CP (IB)424/MB/2020. Case-Laws Insolvency and Bankruptcy Thu, 06 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407518