https://www.taxtmi.com/caselaws?id=386124 The tribunal rejected the petition as the pre-existing dispute over an additional payment of Rs. 7,50,000 existed before the demand notice was issued, rendering it not maintainable under the Insolvency and Bankruptcy Code, 2016. The tribunal emphasized that the presence of a dispute prior to the demand notice precludes the initiation of the Corporate Insolvency Resolution Process. en-us Wed, 19 Jun 2019 00:00:00 +0530 Mon, 23 Sep 2019 07:19:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386124 The tribunal rejected the petition as the pre-existing dispute over an additional payment of Rs. 7,50,000 existed before the demand notice was issued, rendering it not maintainable under the Insolvency and Bankruptcy Code, 2016. The tribunal emphasized that the presence of a dispute prior to the demand notice precludes the initiation of the Corporate Insolvency Resolution Process. Case-Laws Insolvency and Bankruptcy Wed, 19 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386124