https://www.taxtmi.com/caselaws?id=287743 The appeal was filed against the order admitting the application under Section 9 of the Insolvency and Bankruptcy Code. The Corporate Debtor had a pre-existing dispute before the demand notice under Section 8(1) was issued. Both parties disagreed on the settlement of the payment quantum. The judgment emphasized the Corporate Debtor's right to dispute the debt and highlighted the importance of ascertaining default. The emails exchanged were considered as evidence of the ongoing dispute. The Adjudicating Authority's order was set aside, and directions were given to dismiss the application under Section 9, release the Corporate Debtor from moratorium, and allow independent functioning. en-us Fri, 29 Jun 2018 00:00:00 +0530 Thu, 30 Apr 2020 10:23:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287743 The appeal was filed against the order admitting the application under Section 9 of the Insolvency and Bankruptcy Code. The Corporate Debtor had a pre-existing dispute before the demand notice under Section 8(1) was issued. Both parties disagreed on the settlement of the payment quantum. The judgment emphasized the Corporate Debtor's right to dispute the debt and highlighted the importance of ascertaining default. The emails exchanged were considered as evidence of the ongoing dispute. The Adjudicating Authority's order was set aside, and directions were given to dismiss the application under Section 9, release the Corporate Debtor from moratorium, and allow independent functioning. Case-Laws Insolvency and Bankruptcy Fri, 29 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287743