https://www.taxtmi.com/caselaws?id=417665 The Tribunal dismissed the Operational Creditor's application under Section 9 of the IBC for initiation of CIRP against the Corporate Debtor due to insufficient evidence supporting the claim for outstanding invoices. Disputes arose over non-payment of operational debt related to construction work, with the Corporate Debtor alleging fabrication of invoices and completion issues. Despite the Operational Creditor's contentions, the Tribunal found the evidence provided inadequate to establish the validity of the invoices or work completion, resulting in the application's dismissal. en-us Fri, 07 Jan 2022 00:00:00 +0530 Sat, 29 Jan 2022 08:42:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417665 The Tribunal dismissed the Operational Creditor's application under Section 9 of the IBC for initiation of CIRP against the Corporate Debtor due to insufficient evidence supporting the claim for outstanding invoices. Disputes arose over non-payment of operational debt related to construction work, with the Corporate Debtor alleging fabrication of invoices and completion issues. Despite the Operational Creditor's contentions, the Tribunal found the evidence provided inadequate to establish the validity of the invoices or work completion, resulting in the application's dismissal. Case-Laws Insolvency and Bankruptcy Fri, 07 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417665