https://www.taxtmi.com/caselaws?id=299105 The tribunal dismissed the operational creditor's application under Section 9 of the Insolvency and Bankruptcy Code, 2016, as the creditor failed to substantiate the claimed debt of Rs. 2.76,54,650. Despite alleging non-payment, the debtor provided evidence of full settlement until 2014, which the creditor acknowledged. The tribunal found discrepancies in the evidence and ruled that the debt was not proven to be owed by the debtor, leading to the rejection of the application. en-us Fri, 20 Jul 2018 00:00:00 +0530 Fri, 03 Dec 2021 18:39:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299105 The tribunal dismissed the operational creditor's application under Section 9 of the Insolvency and Bankruptcy Code, 2016, as the creditor failed to substantiate the claimed debt of Rs. 2.76,54,650. Despite alleging non-payment, the debtor provided evidence of full settlement until 2014, which the creditor acknowledged. The tribunal found discrepancies in the evidence and ruled that the debt was not proven to be owed by the debtor, leading to the rejection of the application. Case-Laws Insolvency and Bankruptcy Fri, 20 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299105