https://www.taxtmi.com/caselaws?id=427593 The Tribunal dismissed the insolvency petition filed by the Operational Creditors, citing pre-existing disputes and the existence of parallel civil proceedings. The Operational Creditors were advised to pursue their remedies under other laws. The Tribunal emphasized that the purpose of the Insolvency and Bankruptcy Code is not to adjudicate on disputed claims but to resolve genuine insolvency issues. en-us Thu, 01 Sep 2022 00:00:00 +0530 Tue, 13 Sep 2022 06:47:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427593 The Tribunal dismissed the insolvency petition filed by the Operational Creditors, citing pre-existing disputes and the existence of parallel civil proceedings. The Operational Creditors were advised to pursue their remedies under other laws. The Tribunal emphasized that the purpose of the Insolvency and Bankruptcy Code is not to adjudicate on disputed claims but to resolve genuine insolvency issues. Case-Laws Insolvency and Bankruptcy Thu, 01 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427593