https://www.taxtmi.com/highlights?id=58026 Initiation of CIRP - Operational Creditors - existence of debt and dispute or not - This petition has been filed to recover disputed debt, which is not the object of the Code, treating this AA as a debt recovery forum. An undisputed debt is a sine qua non for an application filed u/s. 9 of the Code. Allowing such a petition against a profit-making viable unit would defeat the purpose of the Code - Tri en-us Wed, 19 May 2021 13:12:28 +0530 Wed, 19 May 2021 13:12:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=58026 Initiation of CIRP - Operational Creditors - existence of debt and dispute or not - This petition has been filed to recover disputed debt, which is not the object of the Code, treating this AA as a debt recovery forum. An undisputed debt is a sine qua non for an application filed u/s. 9 of the Code. Allowing such a petition against a profit-making viable unit would defeat the purpose of the Code - Tri Highlights Insolvency and Bankruptcy Wed, 19 May 2021 13:12:28 +0530 https://www.taxtmi.com/highlights?id=58026