https://www.taxtmi.com/caselaws?id=415013 The Tribunal dismissed the appeal, ruling that the application under Section 7 of the Insolvency and Bankruptcy Code was valid despite the omission of the date of default in the specified form section. The application was found to be within the limitation period based on the acknowledged debt, and procedural non-compliance was not deemed fatal. Emphasizing the Code's purpose to address insolvency matters rather than dismiss applications on technicalities, the Tribunal upheld the application's validity. en-us Mon, 22 Nov 2021 00:00:00 +0530 Tue, 23 Nov 2021 11:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415013 The Tribunal dismissed the appeal, ruling that the application under Section 7 of the Insolvency and Bankruptcy Code was valid despite the omission of the date of default in the specified form section. The application was found to be within the limitation period based on the acknowledged debt, and procedural non-compliance was not deemed fatal. Emphasizing the Code's purpose to address insolvency matters rather than dismiss applications on technicalities, the Tribunal upheld the application's validity. Case-Laws Insolvency and Bankruptcy Mon, 22 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415013