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Operational Debt
Advance Payment Received by Corporate Debtor for Future Supply of Goods is Operational Debt Under IBC: NCLT [Read Order]
April 2, 2025
Operational Creditor can only Trigger CIRP on Default in Payment: NCLAT [Read Order]
March 17, 2025
Claims u/s 11E of Central Excise Act does not Amount to Secured Debt: NCLAT [Read Order]
January 27, 2025
Petition u/s 9 of IBC In Absence of Pre-Existing Dispute can be Admitted on Proven Debt & Default: NCLAT [Read Order]
November 16, 2024
Settlement Breach Agreement between Operational Creditor and CD does not fall Under “Operational Debt” as per Section 5(21) of the IBC: NCLT
June 17, 2024
Claim for Refund of Security Deposit on Contractual Obligation Contingent on Executing Leave and License Agreement not Operational Debt under IBC: NCLAT [Read Order]
June 7, 2024
Advanced Deposit towards Licence Fee to be considered as Operational Debt and Issuance of Notice under NI Act is not a Dispute: NCLT [Read Order]
January 24, 2022
Only Debts covered under definition of ‘Operational Debt’ can file application under Section 9 of Insolvency and Bankruptcy Code: NCLT
March 26, 2021
Advance given by Real-Estate developer to Property Owner is Operational Debt under IBC: NCLT [Read Order]
January 18, 2021
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