https://www.taxtmi.com/caselaws?id=289987 The Tribunal dismissed the application under section 9 of the Insolvency & Bankruptcy Code, 2016, for Corporate Insolvency Resolution Process. The dispute arose from a Freight Forwarding Agreement, with the Operational Creditor claiming an amount from the Corporate Debtor. The Tribunal found discrepancies in the invoiced amounts and ruled in favor of the Corporate Debtor, stating that the Code cannot be used in the presence of a genuine dispute. The petition was dismissed based on the clear dispute raised by the Corporate Debtor. en-us Mon, 29 Jun 2020 00:00:00 +0530 Tue, 02 Mar 2021 14:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289987 The Tribunal dismissed the application under section 9 of the Insolvency & Bankruptcy Code, 2016, for Corporate Insolvency Resolution Process. The dispute arose from a Freight Forwarding Agreement, with the Operational Creditor claiming an amount from the Corporate Debtor. The Tribunal found discrepancies in the invoiced amounts and ruled in favor of the Corporate Debtor, stating that the Code cannot be used in the presence of a genuine dispute. The petition was dismissed based on the clear dispute raised by the Corporate Debtor. Case-Laws Insolvency and Bankruptcy Mon, 29 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289987