https://www.taxtmi.com/caselaws?id=409974 The Tribunal dismissed the appeal challenging the maintainability of a petition filed under Section 7 of the Insolvency and Bankruptcy Code (IBC). The Financial Creditor's evidence of debt and default, supported by various documents beyond the inadequately stamped Term Loan Agreement, was deemed sufficient. The Tribunal found the application complete, established the debtor-creditor relationship and default, and concluded that the objections raised were unsustainable. The appeal was dismissed with no order as to costs. en-us Mon, 19 Jul 2021 00:00:00 +0530 Tue, 20 Jul 2021 21:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409974 The Tribunal dismissed the appeal challenging the maintainability of a petition filed under Section 7 of the Insolvency and Bankruptcy Code (IBC). The Financial Creditor's evidence of debt and default, supported by various documents beyond the inadequately stamped Term Loan Agreement, was deemed sufficient. The Tribunal found the application complete, established the debtor-creditor relationship and default, and concluded that the objections raised were unsustainable. The appeal was dismissed with no order as to costs. Case-Laws Insolvency and Bankruptcy Mon, 19 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409974