https://www.taxtmi.com/caselaws?id=302593 The Adjudicating Authority dismissed the application under Section 9 of the Insolvency & Bankruptcy Code, 2016, citing lack of evidence of goods delivery and internal management disputes. The National Company Law Appellate Tribunal found discrepancies in the Adjudicating Authority's analysis, directing the application's admission unless settled. The Corporate Debtor's disputes with directors and evidence of payments were considered, leading to the application's admission by the National Company Law Tribunal, Kolkata, with the appointment of an Interim Resolution Professional and initiation of insolvency proceedings. en-us Thu, 10 Dec 2020 00:00:00 +0530 Wed, 08 Jun 2022 07:39:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302593 The Adjudicating Authority dismissed the application under Section 9 of the Insolvency & Bankruptcy Code, 2016, citing lack of evidence of goods delivery and internal management disputes. The National Company Law Appellate Tribunal found discrepancies in the Adjudicating Authority's analysis, directing the application's admission unless settled. The Corporate Debtor's disputes with directors and evidence of payments were considered, leading to the application's admission by the National Company Law Tribunal, Kolkata, with the appointment of an Interim Resolution Professional and initiation of insolvency proceedings. Case-Laws Insolvency and Bankruptcy Thu, 10 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302593