https://www.taxtmi.com/highlights?id=99969 Non-annexure of invoices with a Section 8 demand notice did not invalidate a Section 9 insolvency claim where the operational debt arose from the contract itself and minimum royalty could be computed from the agreement terms. The Tribunal held that Rule 5 permits a demand notice in Form 3 without enclosing an invoice, so rejection of the application on that ground was erroneous. It further found no real pre-existing dispute, as the corporate debtor had acknowledged liability and the correspondence showed only reconciliation and quantification issues. Operational debt and default were therefore established, the appeal was allowed, and the debtor was given time to pay the admitted amount failing which insolvency admission could follow. en-us Thu, 21 May 2026 08:30:23 +0530 Thu, 21 May 2026 08:30:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=99969 Non-annexure of invoices with a Section 8 demand notice did not invalidate a Section 9 insolvency claim where the operational debt arose from the contract itself and minimum royalty could be computed from the agreement terms. The Tribunal held that Rule 5 permits a demand notice in Form 3 without enclosing an invoice, so rejection of the application on that ground was erroneous. It further found no real pre-existing dispute, as the corporate debtor had acknowledged liability and the correspondence showed only reconciliation and quantification issues. Operational debt and default were therefore established, the appeal was allowed, and the debtor was given time to pay the admitted amount failing which insolvency admission could follow. Highlights IBC Thu, 21 May 2026 08:30:23 +0530 https://www.taxtmi.com/highlights?id=99969