https://www.taxtmi.com/highlights?id=67793 Initiation of CIRP - Operational Debt or not - amount claimed by SDMC in connection with Toll Tax and ECC Agreement - Though the debt claimed by SDMC is an ‘operational debt’, there are clearly ‘pre-existing disputes’ raised by MEP Infrastructure regarding which litigations/dispute resolution mechanism have been pursued by both the parties in Hon’ble High Court and the internal forum of SDMC - Section 9 application has correctly been disallowed by the Adjudicating Authority. - AT en-us Thu, 19 Jan 2023 12:09:05 +0530 Thu, 19 Jan 2023 12:09:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=67793 Initiation of CIRP - Operational Debt or not - amount claimed by SDMC in connection with Toll Tax and ECC Agreement - Though the debt claimed by SDMC is an ‘operational debt’, there are clearly ‘pre-existing disputes’ raised by MEP Infrastructure regarding which litigations/dispute resolution mechanism have been pursued by both the parties in Hon’ble High Court and the internal forum of SDMC - Section 9 application has correctly been disallowed by the Adjudicating Authority. - AT Highlights Insolvency and Bankruptcy Thu, 19 Jan 2023 12:09:05 +0530 https://www.taxtmi.com/highlights?id=67793