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2017 (7) TMI 466 - Tri - Insolvency and BankruptcyInitiation of proceedings under Insolvency and Bankruptcy Code - Held that:- Dispute in Insolvency and Bankruptcy must relate to specified nature in clause (a), (b) or (c) of sub-Section (6) of Section 5 of the Code, this Adjudicating Authority holds that the case on hand, in view of the clear violation of covenant provided in the Lease Deed executed between the parties in this case, squarely falls under section 5(6)(c) of the Code. There being vacation, in between, there has been a delay of more than one month in passing this order.Accordingly, this Petition is dismissed with liberty to the operational creditor to approach appropriate forum for suitable remedy if eligible under any other law in force.
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