https://www.taxtmi.com/caselaws?id=439992 The Tribunal upheld the Adjudicating Authority's decision to admit the Section 9 Application, finding that the Demand Notice was properly served, valid, and the operational debt existed. The default on the Settlement Agreement justified the continuation of proceedings, and the challenge to the Assignment Agreement was dismissed. The Appeal was consequently dismissed, and the amount deposited by the Appellant was ordered to be returned. en-us Tue, 04 Jul 2023 00:00:00 +0530 Thu, 06 Jul 2023 12:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439992 The Tribunal upheld the Adjudicating Authority's decision to admit the Section 9 Application, finding that the Demand Notice was properly served, valid, and the operational debt existed. The default on the Settlement Agreement justified the continuation of proceedings, and the challenge to the Assignment Agreement was dismissed. The Appeal was consequently dismissed, and the amount deposited by the Appellant was ordered to be returned. Case-Laws Insolvency and Bankruptcy Tue, 04 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439992