https://www.taxtmi.com/caselaws?id=303949 The Tribunal dismissed the Petition filed under the Insolvency and Bankruptcy Code, 2016 by the Operational Creditor against the Corporate Debtor for non-payment, amounting to Rs.1,68,76,753/- along with interest, due to being time-barred. Despite objections raised by the Corporate Debtor on the claim's limitation and quality of goods supplied, the Tribunal found in favor of the Corporate Debtor, citing a Debit Note raised on 31.3.2016 as the basis for the time-barred decision. The technical objection regarding the authorization of the Authorized Representative was deemed lacking in merit, resulting in the dismissal of the Petition without costs. en-us Tue, 24 Sep 2019 00:00:00 +0530 Sat, 27 Aug 2022 08:15:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303949 The Tribunal dismissed the Petition filed under the Insolvency and Bankruptcy Code, 2016 by the Operational Creditor against the Corporate Debtor for non-payment, amounting to Rs.1,68,76,753/- along with interest, due to being time-barred. Despite objections raised by the Corporate Debtor on the claim's limitation and quality of goods supplied, the Tribunal found in favor of the Corporate Debtor, citing a Debit Note raised on 31.3.2016 as the basis for the time-barred decision. The technical objection regarding the authorization of the Authorized Representative was deemed lacking in merit, resulting in the dismissal of the Petition without costs. Case-Laws Insolvency and Bankruptcy Tue, 24 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303949