Dismissal of Section 9 Petition on the ground that the ...

Tribunal Dismisses Section 9 Petition: Settlement Agreement Anti-Dated, Unstamped, Unregistered; Claims Not Operational Debt Under Insolvency Laws.

September 20, 2023

Case Laws Insolvency and Bankruptcy AT

Dismissal of Section 9 Petition on the ground that the ‘Settlement Agreement’ was anti-dated, unstamped and unregistered - Operational creditors - Even if the Settlement Agreement is taken into consideration, this ‘Tribunal’ is of the earnest view that the claims arising under the ‘MOU’ lost the character of ‘Operational Debt’ and became a debt simpliciter. - AT

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Dismissal of Section 9 Petition on the ground that the ...

Tribunal Dismisses Section 9 Petition: Settlement Agreement Anti-Dated, Unstamped, Unregistered; Claims Not Operational Debt Under Insolvency Laws.

September 20, 2023

Case Laws Insolvency and Bankruptcy AT

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