https://www.taxtmi.com/caselaws?id=421590 The Tribunal dismissed the Appeal against the rejection of the Section 9 Application under the Insolvency and Bankruptcy Code, 2016. The Adjudicating Authority found the bill submitted by the Appellant to be forged and fabricated, indicating collusion between the parties. Despite the Appellant's arguments, the Tribunal upheld the Authority's decision, emphasizing the need for concrete evidence to establish collusion. Citing a previous judgment was deemed insufficient, and the Appeal was ultimately dismissed, underscoring the importance of evidence in insolvency proceedings and discouraging collusive practices. en-us Tue, 26 Apr 2022 00:00:00 +0530 Thu, 28 Apr 2022 08:12:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421590 The Tribunal dismissed the Appeal against the rejection of the Section 9 Application under the Insolvency and Bankruptcy Code, 2016. The Adjudicating Authority found the bill submitted by the Appellant to be forged and fabricated, indicating collusion between the parties. Despite the Appellant's arguments, the Tribunal upheld the Authority's decision, emphasizing the need for concrete evidence to establish collusion. Citing a previous judgment was deemed insufficient, and the Appeal was ultimately dismissed, underscoring the importance of evidence in insolvency proceedings and discouraging collusive practices. Case-Laws Insolvency and Bankruptcy Tue, 26 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421590