https://www.taxtmi.com/caselaws?id=285573 The Tribunal found that there was no pre-existing dispute between the parties before the demand notice was issued, as the objections raised by the Corporate Debtor were deemed hypothetical and illusory. The Adjudicating Authority's decision to reject the application under Section 9 of the Insolvency and Bankruptcy Code, 2016 was overturned. The case was remitted for admission of the application, with the Corporate Debtor prohibited from raising further objections. The appeal was allowed with no costs awarded. en-us Thu, 04 Oct 2018 00:00:00 +0530 Sat, 18 Jan 2020 10:07:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285573 The Tribunal found that there was no pre-existing dispute between the parties before the demand notice was issued, as the objections raised by the Corporate Debtor were deemed hypothetical and illusory. The Adjudicating Authority's decision to reject the application under Section 9 of the Insolvency and Bankruptcy Code, 2016 was overturned. The case was remitted for admission of the application, with the Corporate Debtor prohibited from raising further objections. The appeal was allowed with no costs awarded. Case-Laws Insolvency and Bankruptcy Thu, 04 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285573