https://www.taxtmi.com/caselaws?id=424755 The Tribunal found that there was an operational debt due from the Corporate Debtor to the Operational Creditor, and the Corporate Debtor defaulted on the payment. The plea of pre-existing disputes was not substantiated, and the petition was deemed maintainable. The Tribunal had jurisdiction over the matter, and the claim was within the limitation period. The application for initiating CIRP was admitted, and a moratorium was declared, with Mr. Sagar Jain appointed as the IRP to oversee the process. en-us Tue, 28 Jun 2022 00:00:00 +0530 Fri, 08 Jul 2022 09:33:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424755 The Tribunal found that there was an operational debt due from the Corporate Debtor to the Operational Creditor, and the Corporate Debtor defaulted on the payment. The plea of pre-existing disputes was not substantiated, and the petition was deemed maintainable. The Tribunal had jurisdiction over the matter, and the claim was within the limitation period. The application for initiating CIRP was admitted, and a moratorium was declared, with Mr. Sagar Jain appointed as the IRP to oversee the process. Case-Laws Insolvency and Bankruptcy Tue, 28 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424755