https://www.taxtmi.com/caselaws?id=359331 The Appellate Tribunal upheld the rejection of the Operational Creditor's application under Section 9 of the Insolvency and Bankruptcy Code, 2016. The rejection was based on the improper bank certificate, failure to rectify defects promptly, and the presence of a dispute. The Tribunal found evidence of a dispute between the parties regarding the quality of goods and services provided, leading to the dismissal of the appeal. The decision was made without awarding costs, citing the existence of a dispute as the reason for declining to interfere with the initial rejection. en-us Tue, 06 Mar 2018 00:00:00 +0530 Fri, 27 Apr 2018 08:42:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359331 The Appellate Tribunal upheld the rejection of the Operational Creditor's application under Section 9 of the Insolvency and Bankruptcy Code, 2016. The rejection was based on the improper bank certificate, failure to rectify defects promptly, and the presence of a dispute. The Tribunal found evidence of a dispute between the parties regarding the quality of goods and services provided, leading to the dismissal of the appeal. The decision was made without awarding costs, citing the existence of a dispute as the reason for declining to interfere with the initial rejection. Case-Laws Insolvency and Bankruptcy Tue, 06 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359331