https://www.taxtmi.com/caselaws?id=430934 The Tribunal allowed the appeal, setting aside the order of the Adjudicating Authority, which had dismissed the application under Section 9 of the Insolvency and Bankruptcy Code. It held that there was no pre-existing dispute related to the operational debt claimed by the Appellant. The Tribunal found the claimed amounts, including salary and other perks, to be valid operational debts as they were not disputed by the Respondent. The termination of employment on grounds of misconduct did not impact the validity of the operational debt claimed. The appeal was allowed without costs. en-us Thu, 01 Dec 2022 00:00:00 +0530 Fri, 02 Dec 2022 07:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430934 The Tribunal allowed the appeal, setting aside the order of the Adjudicating Authority, which had dismissed the application under Section 9 of the Insolvency and Bankruptcy Code. It held that there was no pre-existing dispute related to the operational debt claimed by the Appellant. The Tribunal found the claimed amounts, including salary and other perks, to be valid operational debts as they were not disputed by the Respondent. The termination of employment on grounds of misconduct did not impact the validity of the operational debt claimed. The appeal was allowed without costs. Case-Laws Insolvency and Bankruptcy Thu, 01 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430934