https://www.taxtmi.com/caselaws?id=309963 The Tribunal dismissed the petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, as the Financial Creditor's filing was deemed impermissible for debt recovery rather than resolution purposes. The Tribunal highlighted that the Code aims at the revival of the Corporate Debtor, not solely debt recovery. Consequently, the related application was disposed of without further orders. en-us Tue, 29 Mar 2022 00:00:00 +0530 Thu, 28 Sep 2023 21:25:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309963 The Tribunal dismissed the petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, as the Financial Creditor's filing was deemed impermissible for debt recovery rather than resolution purposes. The Tribunal highlighted that the Code aims at the revival of the Corporate Debtor, not solely debt recovery. Consequently, the related application was disposed of without further orders. Case-Laws Insolvency and Bankruptcy Tue, 29 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309963