https://www.taxtmi.com/caselaws?id=792324 An admitted operational debt is a prerequisite for notice of committee of creditors meetings under the Insolvency and Bankruptcy Code, 2016, and that threshold was not met here because the claim remained disputed, contingent, and subject to reciprocal counter-claims under the same contract. The communication relied on did not amount to an unconditional admission of liability, so Section 24(3)(c) was inapplicable. Disputed contractual issues on renewal and counter-claim did not by themselves establish fraud, suppression, procedural irregularity, or mandatory violation sufficient to disturb the approved resolution plan. As the plan had already been implemented, interference was declined and recall was not warranted. en-us Mon, 25 May 2026 00:00:00 +0530 Wed, 27 May 2026 07:29:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792324 An admitted operational debt is a prerequisite for notice of committee of creditors meetings under the Insolvency and Bankruptcy Code, 2016, and that threshold was not met here because the claim remained disputed, contingent, and subject to reciprocal counter-claims under the same contract. The communication relied on did not amount to an unconditional admission of liability, so Section 24(3)(c) was inapplicable. Disputed contractual issues on renewal and counter-claim did not by themselves establish fraud, suppression, procedural irregularity, or mandatory violation sufficient to disturb the approved resolution plan. As the plan had already been implemented, interference was declined and recall was not warranted. Case-Laws IBC Mon, 25 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792324