https://www.taxtmi.com/caselaws?id=755340 The appeal against the order in CP (IB) No. 1193/MB-IV/2020 under Section 9 of the Insolvency and Bankruptcy Code, 2016, was allowed by the Court. The Appellant successfully argued that the interest claimed by the Respondent did not meet the threshold amount required under Section 4 of the Code. Consequently, the application was deemed not maintainable. The Court set aside the impugned order without costs and acknowledged the Appellant's contention regarding unpaid dues of the IRP, permitting a separate application to be filed before the Adjudicating Authority as per legal provisions. en-us Tue, 09 Jul 2024 00:00:00 +0530 Fri, 20 Feb 2026 17:21:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755340 The appeal against the order in CP (IB) No. 1193/MB-IV/2020 under Section 9 of the Insolvency and Bankruptcy Code, 2016, was allowed by the Court. The Appellant successfully argued that the interest claimed by the Respondent did not meet the threshold amount required under Section 4 of the Code. Consequently, the application was deemed not maintainable. The Court set aside the impugned order without costs and acknowledged the Appellant's contention regarding unpaid dues of the IRP, permitting a separate application to be filed before the Adjudicating Authority as per legal provisions. Case-Laws Insolvency and Bankruptcy Tue, 09 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755340