https://www.taxtmi.com/caselaws?id=424078 The Tribunal dismissed the Financial Creditor's application under Section 7 of the I&B Code against the Corporate Debtor due to the default date falling within the period covered by Section 10A of the IBC. The discrepancy in the default date and the treatment of interest payments in new loan accounts were key factors in the decision, emphasizing the significance of precise default dates and the application of relevant IBC provisions in insolvency proceedings. en-us Thu, 16 Jun 2022 00:00:00 +0530 Wed, 22 Jun 2022 08:10:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424078 The Tribunal dismissed the Financial Creditor's application under Section 7 of the I&B Code against the Corporate Debtor due to the default date falling within the period covered by Section 10A of the IBC. The discrepancy in the default date and the treatment of interest payments in new loan accounts were key factors in the decision, emphasizing the significance of precise default dates and the application of relevant IBC provisions in insolvency proceedings. Case-Laws Insolvency and Bankruptcy Thu, 16 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424078