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2020 (6) TMI 313 - Tri - Insolvency and BankruptcyMaintainability of application - initiation of CIRP - Corporate Debtor failed to make repayment of its dues - existence of debt and dispute or not - HELD THAT:- This Tribunal maintains that the existence of the Operational Debt due from Corporate Debtor to the Operational Creditor could not be proved to the satisfaction of this Tribunal by the Petitioner so as to enable him to move this application under Section 9 of the Insolvency and Bankruptcy Code in order to initiate CIRP against the Corporate Debtor. Petition dismissed.
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