https://www.taxtmi.com/caselaws?id=303766 The Tribunal dismissed the petition for the initiation of corporate insolvency resolution process under Sec.9 of the Insolvency & Bankruptcy Code, 2016. The application was rejected due to the non-delivery of the invoice or notice for payment to the corporate debtor as required by law. The lack of proof of delivery of the notice and insufficient documentary evidence supporting the operational creditor's claim led to the petition's dismissal. The judgment underscores the necessity of adhering to procedural requirements and providing substantial evidence in insolvency proceedings. en-us Mon, 30 Sep 2019 00:00:00 +0530 Tue, 18 Apr 2023 12:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303766 The Tribunal dismissed the petition for the initiation of corporate insolvency resolution process under Sec.9 of the Insolvency & Bankruptcy Code, 2016. The application was rejected due to the non-delivery of the invoice or notice for payment to the corporate debtor as required by law. The lack of proof of delivery of the notice and insufficient documentary evidence supporting the operational creditor's claim led to the petition's dismissal. The judgment underscores the necessity of adhering to procedural requirements and providing substantial evidence in insolvency proceedings. Case-Laws Insolvency and Bankruptcy Mon, 30 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303766