https://www.taxtmi.com/article/detailed?id=11675 The tribunal held that licence or service fees payable under a personal, non assignable office service agreement that creates no right, title or interest in immovable property qualify as operational debt where premature termination during a contractual lock in gives rise to a contractual claim. The agreement was not compulsorily registrable and failure to engross on stamped paper was inconsequential where it was signed and acted upon; the adjudicating authority's rejection was set aside and admission under section 9 directed. en-us Mon, 31 Jul 2023 06:54:57 +0530 Mon, 31 Jul 2023 06:54:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11675 The tribunal held that licence or service fees payable under a personal, non assignable office service agreement that creates no right, title or interest in immovable property qualify as operational debt where premature termination during a contractual lock in gives rise to a contractual claim. The agreement was not compulsorily registrable and failure to engross on stamped paper was inconsequential where it was signed and acted upon; the adjudicating authority's rejection was set aside and admission under section 9 directed. Articles Corporate Laws / IBC / SEBI Mon, 31 Jul 2023 06:54:57 +0530 https://www.taxtmi.com/article/detailed?id=11675