https://www.taxtmi.com/caselaws?id=414403 An operational insolvency application was found maintainable where the demand notice was served at the corporate debtor's registered office, which was treated as sufficient service. No pre-existing dispute was shown because the debtor raised no dispute notice and only expressed inability to pay after service. The petition was within limitation as the invoices were from 2018 and the filing was in 2019. The application was complete, supported by the statutory affidavit, invoices and ledger, and admitted non-payment established default; insolvency proceedings were therefore commenced with moratorium and appointment of an interim resolution professional. en-us Wed, 06 Oct 2021 00:00:00 +0530 Mon, 08 Nov 2021 06:59:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414403 An operational insolvency application was found maintainable where the demand notice was served at the corporate debtor's registered office, which was treated as sufficient service. No pre-existing dispute was shown because the debtor raised no dispute notice and only expressed inability to pay after service. The petition was within limitation as the invoices were from 2018 and the filing was in 2019. The application was complete, supported by the statutory affidavit, invoices and ledger, and admitted non-payment established default; insolvency proceedings were therefore commenced with moratorium and appointment of an interim resolution professional. Case-Laws Insolvency and Bankruptcy Wed, 06 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414403