Once the applicant is not an ‘Operational Creditor’ and his ...
Petition u/s 9 of Insolvency Code Dismissed: Applicant Not an Operational Creditor, Dues Not Operational Debt.
August 29, 2018
Case Laws Insolvency and Bankruptcy Tri
Once the applicant is not an ‘Operational Creditor’ and his claimed dues not being ‘operational debt’, the present petition filed under section 9 of the Code for initiation of Corporate Insolvency Resolution Process is not maintainable.
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