https://www.taxtmi.com/caselaws?id=397451 The appeal stemmed from the rejection of an insolvency application under Section 9 of the Insolvency and Bankruptcy Code, 2016 by the National Company Law Tribunal, Mumbai Bench, due to a pre-existing dispute between the parties. The Corporate Debtor contended that the debt was not operational, citing disagreements over payment conditions precedent. The Tribunal upheld the rejection, emphasizing the need for further investigation into the disputes, leading to the dismissal of the appeal. en-us Tue, 11 Aug 2020 00:00:00 +0530 Tue, 02 Nov 2021 17:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397451 The appeal stemmed from the rejection of an insolvency application under Section 9 of the Insolvency and Bankruptcy Code, 2016 by the National Company Law Tribunal, Mumbai Bench, due to a pre-existing dispute between the parties. The Corporate Debtor contended that the debt was not operational, citing disagreements over payment conditions precedent. The Tribunal upheld the rejection, emphasizing the need for further investigation into the disputes, leading to the dismissal of the appeal. Case-Laws Insolvency and Bankruptcy Tue, 11 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397451