https://www.taxtmi.com/caselaws?id=468044 The appellate tribunal held that a Section 9 insolvency application could not be rejected on the ground that no computation of operational debt was on record where the rejoinder contained the calculation statement and supporting particulars. It further clarified that invoices are not a mandatory pre-condition for maintainability if the debt is otherwise supported by relevant documents and the demand notice. As the finding on absence of computation was erroneous and the omission of invoices was not ative, the matter was sent back for fresh consideration on the full pleadings and evidence, and the company petition was restored. en-us Fri, 02 Aug 2024 00:00:00 +0530 Tue, 14 Apr 2026 21:12:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468044 The appellate tribunal held that a Section 9 insolvency application could not be rejected on the ground that no computation of operational debt was on record where the rejoinder contained the calculation statement and supporting particulars. It further clarified that invoices are not a mandatory pre-condition for maintainability if the debt is otherwise supported by relevant documents and the demand notice. As the finding on absence of computation was erroneous and the omission of invoices was not ative, the matter was sent back for fresh consideration on the full pleadings and evidence, and the company petition was restored. Case-Laws IBC Fri, 02 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468044