https://www.taxtmi.com/caselaws?id=786640 Determination focused on whether Section 10A barred the petition and whether the outstanding fell below the statutory threshold at filing. The tribunal found the recorded date of default predated the temporal scope relied upon, so Section 10A did not apply. Documentary invoices and signed purchase orders evidenced an agreement for interest after the credit period; interest was lawfully computed under those terms and included in the outstanding, which exceeded the threshold despite a pre-demand payment. Result: the petition was maintainable and the appeal against maintainability was dismissed. en-us Mon, 16 Feb 2026 00:00:00 +0530 Tue, 17 Feb 2026 07:29:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786640 Determination focused on whether Section 10A barred the petition and whether the outstanding fell below the statutory threshold at filing. The tribunal found the recorded date of default predated the temporal scope relied upon, so Section 10A did not apply. Documentary invoices and signed purchase orders evidenced an agreement for interest after the credit period; interest was lawfully computed under those terms and included in the outstanding, which exceeded the threshold despite a pre-demand payment. Result: the petition was maintainable and the appeal against maintainability was dismissed. Case-Laws IBC Mon, 16 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786640