https://www.taxtmi.com/caselaws?id=358240 The Tribunal rejected the application under Section 9 of the Insolvency and Bankruptcy Code, 2016, as the respondent successfully demonstrated the existence of a genuine dispute regarding the operational debt claimed by the applicant, a sole proprietorship, against the respondent airline corporation. The respondent provided evidence of discrepancies and malpractices in billing and services, supported by an internal audit highlighting issues such as inappropriate charges and service level agreement non-compliance. The Tribunal emphasized the need to differentiate between genuine disputes and frivolous claims, ultimately preserving the applicant's rights to pursue the matter in other forums. en-us Tue, 13 Feb 2018 00:00:00 +0530 Sat, 07 Apr 2018 07:58:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358240 The Tribunal rejected the application under Section 9 of the Insolvency and Bankruptcy Code, 2016, as the respondent successfully demonstrated the existence of a genuine dispute regarding the operational debt claimed by the applicant, a sole proprietorship, against the respondent airline corporation. The respondent provided evidence of discrepancies and malpractices in billing and services, supported by an internal audit highlighting issues such as inappropriate charges and service level agreement non-compliance. The Tribunal emphasized the need to differentiate between genuine disputes and frivolous claims, ultimately preserving the applicant's rights to pursue the matter in other forums. Case-Laws Insolvency and Bankruptcy Tue, 13 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358240