https://www.taxtmi.com/caselaws?id=394445 The National Company Law Tribunal dismissed the appeal filed by the Managing Director of the Corporate Debtor against the admission of an application by the Operational Creditor under section 9 of the Insolvency & Bankruptcy Code, 2016. The Tribunal found that the Corporate Debtor did not raise a substantial dispute regarding the quality of services rendered, and the emails and agreements examined did not establish a pre-existing or plausible dispute. As a result, the Tribunal ruled in favor of the Operational Creditor, emphasizing the significance of clear contractual terms and communication in resolving disputes in insolvency proceedings. en-us Mon, 16 Mar 2020 00:00:00 +0530 Mon, 13 Apr 2020 13:36:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394445 The National Company Law Tribunal dismissed the appeal filed by the Managing Director of the Corporate Debtor against the admission of an application by the Operational Creditor under section 9 of the Insolvency & Bankruptcy Code, 2016. The Tribunal found that the Corporate Debtor did not raise a substantial dispute regarding the quality of services rendered, and the emails and agreements examined did not establish a pre-existing or plausible dispute. As a result, the Tribunal ruled in favor of the Operational Creditor, emphasizing the significance of clear contractual terms and communication in resolving disputes in insolvency proceedings. Case-Laws Insolvency and Bankruptcy Mon, 16 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394445