https://www.taxtmi.com/caselaws?id=344930 The Tribunal rejected the petition for Corporate Insolvency Resolution Process initiation under Section 9 of the Insolvency and Bankruptcy Code, 2016. The respondent, a company in Haryana, raised valid disputes regarding delivery delays and non-compliance, constituting a bona fide dispute under the Code. The petitioner, a German company, failed to provide complete information and lacked the required certificate confirming non-payment. The Tribunal emphasized the arbitration clause in the agreement for dispute resolution. The petition was dismissed due to unresolved disputes and procedural shortcomings. en-us Thu, 25 May 2017 00:00:00 +0530 Wed, 03 Jan 2018 12:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344930 The Tribunal rejected the petition for Corporate Insolvency Resolution Process initiation under Section 9 of the Insolvency and Bankruptcy Code, 2016. The respondent, a company in Haryana, raised valid disputes regarding delivery delays and non-compliance, constituting a bona fide dispute under the Code. The petitioner, a German company, failed to provide complete information and lacked the required certificate confirming non-payment. The Tribunal emphasized the arbitration clause in the agreement for dispute resolution. The petition was dismissed due to unresolved disputes and procedural shortcomings. Case-Laws Insolvency and Bankruptcy Thu, 25 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344930