https://www.taxtmi.com/caselaws?id=376862 The National Company Law Appellate Tribunal, New Delhi, allowed the appeal against the admission of an application under the Insolvency and Bankruptcy Code, 2016. The Tribunal found a pre-existing dispute between the parties, rendering the application not maintainable. Consequently, the impugned order was set aside, and the Corporate Debtor was released from insolvency proceedings, allowed to function independently. The detailed analysis of the disputes and legal contentions led to the dismissal of the application under Section 9 of the I&B Code. en-us Mon, 14 Jan 2019 00:00:00 +0530 Mon, 18 Mar 2019 08:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376862 The National Company Law Appellate Tribunal, New Delhi, allowed the appeal against the admission of an application under the Insolvency and Bankruptcy Code, 2016. The Tribunal found a pre-existing dispute between the parties, rendering the application not maintainable. Consequently, the impugned order was set aside, and the Corporate Debtor was released from insolvency proceedings, allowed to function independently. The detailed analysis of the disputes and legal contentions led to the dismissal of the application under Section 9 of the I&B Code. Case-Laws Insolvency and Bankruptcy Mon, 14 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376862