https://www.taxtmi.com/highlights?id=58205 Initiation of CIRP - To attract the provision of IB Code under Section 9, there must be 'due' and 'default' which is found absent in the instant application - application is also not complete as the due date and default date is not provided, even no invoices are annexed or ever raised upon corporate debtor. In absence of such primary information, it is difficult to come to the conclusion that the amount claimed is operational debt - Application dismissed - Tri en-us Tue, 01 Jun 2021 16:50:21 +0530 Tue, 01 Jun 2021 16:50:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=58205 Initiation of CIRP - To attract the provision of IB Code under Section 9, there must be 'due' and 'default' which is found absent in the instant application - application is also not complete as the due date and default date is not provided, even no invoices are annexed or ever raised upon corporate debtor. In absence of such primary information, it is difficult to come to the conclusion that the amount claimed is operational debt - Application dismissed - Tri Highlights Insolvency and Bankruptcy Tue, 01 Jun 2021 16:50:21 +0530 https://www.taxtmi.com/highlights?id=58205