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NCLAT Upholds Section 9 Admission as Separate Supply Obligations Created Operational Debt
Case Law Details
- Case Name
- Amarendra Mohapatra Vs Daga Power Systems & Engineers Pvt. Ltd. & Anr. (NCLAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- NCLAT
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Amarendra Mohapatra Vs Daga Power Systems & Engineers Pvt. Ltd. & Anr. (NCLAT Delhi)
Joint Venture Partner Treated as Operational Creditor Because Supply Component Was Separately Defined; Section 9 Insolvency Proceedings Sustained Because Corporate Debtor Acknowledged Supply Dues; NCLAT Rejects JV Defence Because Claim Related Only to Unpaid Supply Invoices; Operational Debt Established Because Corporate Debtor Availed GST Input Tax Credit on Invoices; Section 10A Defence Rejected Because Default Date Fell Outside Covid Suspension Period; NCLAT Says Acknowledged Supply...
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