https://www.taxtmi.com/caselaws?id=429079 The Tribunal dismissed the application for initiating Corporate Insolvency Resolution Process (CIRP) against Technology Parks Limited due to prematurity, lack of agreed timelines for interest payments, and incomplete proof of debt authentication. The Tribunal found that the loan agreement's tenure had not expired, and there was no clarity on when interest payments were due, leading to the rejection of the petition. en-us Fri, 30 Sep 2022 00:00:00 +0530 Tue, 18 Oct 2022 08:50:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429079 The Tribunal dismissed the application for initiating Corporate Insolvency Resolution Process (CIRP) against Technology Parks Limited due to prematurity, lack of agreed timelines for interest payments, and incomplete proof of debt authentication. The Tribunal found that the loan agreement's tenure had not expired, and there was no clarity on when interest payments were due, leading to the rejection of the petition. Case-Laws Insolvency and Bankruptcy Fri, 30 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429079