https://www.taxtmi.com/caselaws?id=420347 The Tribunal upheld the judgment of the Adjudicating Authority, admitting the Section 9 Application filed by the Respondent. The Tribunal found that the notice under Section 8 of the Insolvency and Bankruptcy Code was correctly served on the Corporate Debtor, the Application under Section 9 based on a Civil Court Decree was maintainable as an operational debt, and the Corporate Debtor's status as a going concern did not affect the Application's validity. The Appeal was dismissed, and no costs were awarded. en-us Wed, 30 Mar 2022 00:00:00 +0530 Fri, 01 Apr 2022 16:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420347 The Tribunal upheld the judgment of the Adjudicating Authority, admitting the Section 9 Application filed by the Respondent. The Tribunal found that the notice under Section 8 of the Insolvency and Bankruptcy Code was correctly served on the Corporate Debtor, the Application under Section 9 based on a Civil Court Decree was maintainable as an operational debt, and the Corporate Debtor's status as a going concern did not affect the Application's validity. The Appeal was dismissed, and no costs were awarded. Case-Laws Insolvency and Bankruptcy Wed, 30 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420347