https://www.taxtmi.com/caselaws?id=344565 The tribunal found the petition not maintainable due to the presence of a dispute and parallel proceedings. The petition was dismissed with costs imposed. It was emphasized that the Final Settlement Agreement replaced the original agreement and did not allow for reverting to the original agreement in case of non-payment. Allegations of fraud and coercion further supported the existence of a dispute, leading to the rejection of the petition under Section 9 of the Code. en-us Mon, 08 May 2017 00:00:00 +0530 Wed, 03 Jan 2018 12:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344565 The tribunal found the petition not maintainable due to the presence of a dispute and parallel proceedings. The petition was dismissed with costs imposed. It was emphasized that the Final Settlement Agreement replaced the original agreement and did not allow for reverting to the original agreement in case of non-payment. Allegations of fraud and coercion further supported the existence of a dispute, leading to the rejection of the petition under Section 9 of the Code. Case-Laws Insolvency and Bankruptcy Mon, 08 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344565