https://www.taxtmi.com/caselaws?id=300682 The Tribunal dismissed the petition under Section 9 of The Insolvency and Bankruptcy Code, 2016, due to legal flaws in the issuance of the demand notice. The unauthorized person issuing the notice lacked the power to initiate insolvency proceedings, leading to the petition being deemed non-maintainable. The Tribunal emphasized the dismissal was based on maintainability issues, allowing the petitioner to pursue other legal avenues to enforce the claim against the respondent. en-us Mon, 23 Nov 2020 00:00:00 +0530 Sat, 19 Feb 2022 07:01:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300682 The Tribunal dismissed the petition under Section 9 of The Insolvency and Bankruptcy Code, 2016, due to legal flaws in the issuance of the demand notice. The unauthorized person issuing the notice lacked the power to initiate insolvency proceedings, leading to the petition being deemed non-maintainable. The Tribunal emphasized the dismissal was based on maintainability issues, allowing the petitioner to pursue other legal avenues to enforce the claim against the respondent. Case-Laws Insolvency and Bankruptcy Mon, 23 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300682