https://www.taxtmi.com/caselaws?id=470422 Assigned receivables arising from supplies of goods or services may support an insolvency application by an assignee as an operational creditor, where the debtor has received notice of assignment and debt and default are otherwise established. Insufficient stamping of assignment or receivable-purchase agreements need not defeat maintainability if other evidence proves the claim. Jurisdiction may lie where the corporate debtor's registered office is situated. A quality dispute not communicated to the assignee or raised in response to the statutory demand notice may not establish a pre-existing dispute. The Factoring Regulation Act, 2011 does not bar initiation of corporate insolvency resolution merely because a receivable-purchase agreement was executed outside India. en-us Fri, 25 Nov 2022 00:00:00 +0530 Mon, 27 Jul 2026 18:51:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470422 Assigned receivables arising from supplies of goods or services may support an insolvency application by an assignee as an operational creditor, where the debtor has received notice of assignment and debt and default are otherwise established. Insufficient stamping of assignment or receivable-purchase agreements need not defeat maintainability if other evidence proves the claim. Jurisdiction may lie where the corporate debtor's registered office is situated. A quality dispute not communicated to the assignee or raised in response to the statutory demand notice may not establish a pre-existing dispute. The Factoring Regulation Act, 2011 does not bar initiation of corporate insolvency resolution merely because a receivable-purchase agreement was executed outside India. Case-Laws IBC Fri, 25 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470422