Revival of proceedings u/s 9 of IBC Act for non-payment of TDS is unsustainable

Amitabh Roy Vs Master Development Management (India) Pvt. Ltd. (NCLAT Delhi)

Held that in non-payment of the TDS amount by the Corporate Debtor there was no occasion for admitting Section 9 Application by the Adjudicating Authority.

Facts-

The Operational Creditor had filed a petition under Section 9 of the IBC, seeking initiation of Corporate Insolvency Resolution Process against the Corporate Debtor for payment of an amount of Rs. 9,48

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