https://www.taxtmi.com/caselaws?id=411332 The tribunal treated the appeals as within limitation by applying the Supreme Court's Covid-19 extension of limitation. On the merits, it held that employee claims for unpaid salary and gratuity may fall within operational debt, but Section 9 relief was unavailable where no prior Section 8 demand notice had been issued in some cases, no specific date of default was shown, and the dues remained disputed or unsupported by acknowledgment. It reiterated that insolvency proceedings cannot be used as a recovery mechanism for stale or contested claims, and that the insolvency forum has no equity-based jurisdiction to grant such relief. The dismissal of the insolvency applications was affirmed. en-us Wed, 18 Aug 2021 00:00:00 +0530 Sat, 21 Aug 2021 18:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411332 The tribunal treated the appeals as within limitation by applying the Supreme Court's Covid-19 extension of limitation. On the merits, it held that employee claims for unpaid salary and gratuity may fall within operational debt, but Section 9 relief was unavailable where no prior Section 8 demand notice had been issued in some cases, no specific date of default was shown, and the dues remained disputed or unsupported by acknowledgment. It reiterated that insolvency proceedings cannot be used as a recovery mechanism for stale or contested claims, and that the insolvency forum has no equity-based jurisdiction to grant such relief. The dismissal of the insolvency applications was affirmed. Case-Laws Insolvency and Bankruptcy Wed, 18 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411332