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Construction services without legal binding agreement and non-serving of invoices didn’t amount to operation debt

May 14, 2020[2020] 116 556 (NCLT - Mum.)

IBC : Where operational creditor claimed to have provided services related to construction of road to corporate debtor and raised invoices, in view of fact that operational creditor provided said services pursuant to a letter of intent and there was no legal binding contract/agreement between parties, further, invoices raised by operational creditor were never served upon corporate debtor, it was not a fit case of operational debt which could be considered under section 9

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