https://www.taxtmi.com/caselaws?id=305199 An operational creditor's Section 9 application was found admissible because the record showed supply of goods, invoices, part-payment, and thus an unpaid operational debt that was due and payable. No genuine pre-existing dispute was established, as the corporate debtor did not reply to the demand notice and produced no prior material showing a dispute over quality or performance before receipt of that notice. The petition was admitted, moratorium was directed, and CIRP was initiated with appointment of an interim resolution professional. en-us Fri, 16 Sep 2022 00:00:00 +0530 Tue, 22 Nov 2022 09:01:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305199 An operational creditor's Section 9 application was found admissible because the record showed supply of goods, invoices, part-payment, and thus an unpaid operational debt that was due and payable. No genuine pre-existing dispute was established, as the corporate debtor did not reply to the demand notice and produced no prior material showing a dispute over quality or performance before receipt of that notice. The petition was admitted, moratorium was directed, and CIRP was initiated with appointment of an interim resolution professional. Case-Laws Insolvency and Bankruptcy Fri, 16 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305199