https://www.taxtmi.com/caselaws?id=428009 The tribunal concluded that the appellant's application under Section 9 of the Insolvency and Bankruptcy Code was not maintainable as it did not meet the threshold limit of Rupees One Crore. The tribunal emphasized that the relevant date for determining the threshold limit's applicability is the date of filing the application, not the date of default. The appeal was dismissed, affirming the Adjudicating Authority's decision to reject the application due to non-fulfillment of the threshold limit requirement. en-us Tue, 20 Sep 2022 00:00:00 +0530 Wed, 21 Sep 2022 18:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428009 The tribunal concluded that the appellant's application under Section 9 of the Insolvency and Bankruptcy Code was not maintainable as it did not meet the threshold limit of Rupees One Crore. The tribunal emphasized that the relevant date for determining the threshold limit's applicability is the date of filing the application, not the date of default. The appeal was dismissed, affirming the Adjudicating Authority's decision to reject the application due to non-fulfillment of the threshold limit requirement. Case-Laws Insolvency and Bankruptcy Tue, 20 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428009