https://www.taxtmi.com/caselaws?id=286543 The Tribunal dismissed the petition seeking Corporate Insolvency Resolution Process against the Corporate Debtor due to the existence of a genuine pre-existing dispute between the parties, supported by evidence predating the demand notice. The decision was based on the principles outlined in the Mobilox Innovations case, emphasizing the necessity of a credible contention warranting further examination to decline an application under Section 9 of the Insolvency and Bankruptcy Code. en-us Mon, 23 Sep 2019 00:00:00 +0530 Tue, 03 Mar 2020 10:29:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286543 The Tribunal dismissed the petition seeking Corporate Insolvency Resolution Process against the Corporate Debtor due to the existence of a genuine pre-existing dispute between the parties, supported by evidence predating the demand notice. The decision was based on the principles outlined in the Mobilox Innovations case, emphasizing the necessity of a credible contention warranting further examination to decline an application under Section 9 of the Insolvency and Bankruptcy Code. Case-Laws Insolvency and Bankruptcy Mon, 23 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286543