https://www.taxtmi.com/caselaws?id=432998 The Tribunal held that the debt claimed by SDMC qualifies as an 'operational debt' under the IBC. However, due to the existence of 'pre-existing disputes' between SDMC and MEP Infrastructure regarding the Toll Tax Agreement, the section 9 application was rejected. The appeal was dismissed, and the Impugned Order was upheld. en-us Tue, 17 Jan 2023 00:00:00 +0530 Thu, 19 Jan 2023 12:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432998 The Tribunal held that the debt claimed by SDMC qualifies as an 'operational debt' under the IBC. However, due to the existence of 'pre-existing disputes' between SDMC and MEP Infrastructure regarding the Toll Tax Agreement, the section 9 application was rejected. The appeal was dismissed, and the Impugned Order was upheld. Case-Laws Insolvency and Bankruptcy Tue, 17 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432998