https://www.taxtmi.com/caselaws?id=421495 The Tribunal ruled that the application filed by legal representatives after the death of the applicant was maintainable for initiating Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor. The objections raised by the respondent regarding the Demand Notice were found to be untenable based on evidence presented. The Tribunal concluded that there was no pre-existing dispute between the parties as the issue had been resolved. It approved the appointment of an Insolvency Resolution Professional and directed the applicant to deposit a specified amount to cover expenses, invoking the moratorium period as per the Insolvency and Bankruptcy Code, 2016. en-us Mon, 11 Apr 2022 00:00:00 +0530 Tue, 26 Apr 2022 08:15:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421495 The Tribunal ruled that the application filed by legal representatives after the death of the applicant was maintainable for initiating Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor. The objections raised by the respondent regarding the Demand Notice were found to be untenable based on evidence presented. The Tribunal concluded that there was no pre-existing dispute between the parties as the issue had been resolved. It approved the appointment of an Insolvency Resolution Professional and directed the applicant to deposit a specified amount to cover expenses, invoking the moratorium period as per the Insolvency and Bankruptcy Code, 2016. Case-Laws Insolvency and Bankruptcy Mon, 11 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421495