https://www.taxtmi.com/caselaws?id=416989 A legally assigned operational debt can confer operational creditor status on the assignee, enabling maintenance of an insolvency application where the assignment is valid. Unsupported allegations of defective goods or related charges do not establish a real pre-existing dispute; on the material described, default was found and the application was admissible. The insolvency application was admitted, moratorium followed, and an interim resolution professional was appointed for commencement of the corporate insolvency resolution process. en-us Tue, 21 Dec 2021 00:00:00 +0530 Thu, 13 Jan 2022 08:59:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416989 A legally assigned operational debt can confer operational creditor status on the assignee, enabling maintenance of an insolvency application where the assignment is valid. Unsupported allegations of defective goods or related charges do not establish a real pre-existing dispute; on the material described, default was found and the application was admissible. The insolvency application was admitted, moratorium followed, and an interim resolution professional was appointed for commencement of the corporate insolvency resolution process. Case-Laws Insolvency and Bankruptcy Tue, 21 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416989