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Company Law | Advance for Services is Operational Debt; Section 9 IBC Plea Maintainable: NCLAT Delhi

4 Oct 2026 · 4 Oct 2026By CA Sandeep KanoiSource: TaxGuru

NCLAT held advance towards commission/brokerage was operational debt, rejected pre-existing dispute plea and held Section 9 IBC petition within limitation. The post Advance for Services is Operational Debt; Section 9 IBC Plea Maintainable: NCLAT Delhi appeared first on TaxGuru .

Attribution

Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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