https://www.taxtmi.com/caselaws?id=410098 The Tribunal ruled in favor of the petitioner regarding the validity of the statutory demand notice service, holding that sending the notice through speed post to the registered address constituted valid delivery. However, the petition was dismissed due to the existence of a pre-existing dispute between the parties, as evidenced by warning and legal notices, indicating breach of contract and substandard supplies. The Tribunal emphasized the importance of resolving disputes before initiating insolvency proceedings and the necessity of clear evidence of debt and liability. en-us Fri, 16 Jul 2021 00:00:00 +0530 Sat, 24 Jul 2021 09:13:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410098 The Tribunal ruled in favor of the petitioner regarding the validity of the statutory demand notice service, holding that sending the notice through speed post to the registered address constituted valid delivery. However, the petition was dismissed due to the existence of a pre-existing dispute between the parties, as evidenced by warning and legal notices, indicating breach of contract and substandard supplies. The Tribunal emphasized the importance of resolving disputes before initiating insolvency proceedings and the necessity of clear evidence of debt and liability. Case-Laws Insolvency and Bankruptcy Fri, 16 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410098