https://www.taxtmi.com/caselaws?id=299104 The Tribunal dismissed the operational creditor's application under Section 9 of the Insolvency and Bankruptcy Code, ruling that the claimed debt did not exist. The Debtor's evidence of payments post-2011 contradicted the creditor's assertions of outstanding dues, leading to the rejection of the application due to lack of concrete evidence and failure to establish non-payment. The importance of substantiating claims with irrefutable proof was highlighted, emphasizing the necessity for operational creditors to provide solid evidence to seek relief under the Code. en-us Fri, 20 Jul 2018 00:00:00 +0530 Fri, 03 Dec 2021 18:39:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299104 The Tribunal dismissed the operational creditor's application under Section 9 of the Insolvency and Bankruptcy Code, ruling that the claimed debt did not exist. The Debtor's evidence of payments post-2011 contradicted the creditor's assertions of outstanding dues, leading to the rejection of the application due to lack of concrete evidence and failure to establish non-payment. The importance of substantiating claims with irrefutable proof was highlighted, emphasizing the necessity for operational creditors to provide solid evidence to seek relief under the Code. Case-Laws Insolvency and Bankruptcy Fri, 20 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299104