https://www.taxtmi.com/caselaws?id=414024 The Tribunal dismissed the operational creditor's application to initiate corporate insolvency resolution against the corporate debtor, as it found that the consignments in question were cleared by a third party, not the debtor. The Tribunal concluded that there was no outstanding amount owed by the debtor to the creditor, leading to the dismissal of the insolvency application without costs. en-us Thu, 23 Sep 2021 00:00:00 +0530 Thu, 25 Nov 2021 16:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414024 The Tribunal dismissed the operational creditor's application to initiate corporate insolvency resolution against the corporate debtor, as it found that the consignments in question were cleared by a third party, not the debtor. The Tribunal concluded that there was no outstanding amount owed by the debtor to the creditor, leading to the dismissal of the insolvency application without costs. Case-Laws Insolvency and Bankruptcy Thu, 23 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414024