https://www.taxtmi.com/caselaws?id=465225 A financial creditor may file a section 7 insolvency application through a duly authorised officer acting under power of attorney and letter of authority. The absence of an information utility certificate does not defeat admission where other records and evidence sufficiently establish debt and default. Where the corporate debtor does not dispute the financial debt or the default, the statutory conditions for commencement of corporate insolvency resolution proceedings are satisfied, enabling admission of the petition, declaration of moratorium, public announcement, and appointment of the proposed interim resolution professional. en-us Thu, 07 Mar 2019 00:00:00 +0530 Thu, 11 Dec 2025 16:40:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465225 A financial creditor may file a section 7 insolvency application through a duly authorised officer acting under power of attorney and letter of authority. The absence of an information utility certificate does not defeat admission where other records and evidence sufficiently establish debt and default. Where the corporate debtor does not dispute the financial debt or the default, the statutory conditions for commencement of corporate insolvency resolution proceedings are satisfied, enabling admission of the petition, declaration of moratorium, public announcement, and appointment of the proposed interim resolution professional. Case-Laws IBC Thu, 07 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465225