TMI BlogInitiation of CIRP - NCLT admitted the application - Operational Creditors - The tone and tenor of these...Initiation of CIRP - NCLT admitted the application - Operational Creditors - The tone and tenor of these protracted correspondences clearly manifest existence of dispute prior to the date of Section 8 demand notice on 16.09.2019 - these disputes were raised much before the issue of the issue of Demand Notice. For such disputed operational debt, Section 9 proceeding under IBC cannot be initiated at the instance of the Operational Creditor. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
