https://www.taxtmi.com/caselaws?id=423207 Invoices, delivery challans, an undisputed ledger account, part-payment by cheque, and no specific denial in reply to the demand notice were treated as sufficient to establish operational debt and default under section 9 of the Insolvency and Bankruptcy Code, 2016. The documentary record also showed that the goods were supplied to the corporate debtor, including invoices bearing its TIN and proof of GST payment, so the objection that no goods were received was rejected. The last supply, the cheque issued in partial discharge, and the corporate debtor's statement before the High Court were treated as acknowledgement of liability, which restarted limitation under the Limitation Act and kept the application within time. en-us Fri, 13 May 2022 00:00:00 +0530 Thu, 02 Jun 2022 08:41:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423207 Invoices, delivery challans, an undisputed ledger account, part-payment by cheque, and no specific denial in reply to the demand notice were treated as sufficient to establish operational debt and default under section 9 of the Insolvency and Bankruptcy Code, 2016. The documentary record also showed that the goods were supplied to the corporate debtor, including invoices bearing its TIN and proof of GST payment, so the objection that no goods were received was rejected. The last supply, the cheque issued in partial discharge, and the corporate debtor's statement before the High Court were treated as acknowledgement of liability, which restarted limitation under the Limitation Act and kept the application within time. Case-Laws Insolvency and Bankruptcy Fri, 13 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423207