https://www.taxtmi.com/caselaws?id=299103 The Tribunal dismissed the petition filed by the Operational Creditor under Section 9 of the Insolvency and Bankruptcy Code, 2016, due to the lack of concrete evidence to substantiate the debt claim. Despite the Operational Creditor's submissions and contentions, including invoices and demand notices, the Tribunal found discrepancies and doubts regarding the existence of the debt. Emphasizing the importance of evidentiary support in insolvency proceedings, the Tribunal ruled in favor of the Debtor, highlighting the necessity of establishing claims with clarity and proof to ensure fair adjudication in such matters. 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=299103 The Tribunal dismissed the petition filed by the Operational Creditor under Section 9 of the Insolvency and Bankruptcy Code, 2016, due to the lack of concrete evidence to substantiate the debt claim. Despite the Operational Creditor's submissions and contentions, including invoices and demand notices, the Tribunal found discrepancies and doubts regarding the existence of the debt. Emphasizing the importance of evidentiary support in insolvency proceedings, the Tribunal ruled in favor of the Debtor, highlighting the necessity of establishing claims with clarity and proof to ensure fair adjudication in such matters. Case-Laws Insolvency and Bankruptcy Fri, 20 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299103