https://www.taxtmi.com/caselaws?id=398319 The Tribunal dismissed the petition seeking initiation of Corporate Insolvency Resolution Process under Section 9 of the Insolvency and Bankruptcy Code, 2016, due to the genuine pre-existing dispute between the parties regarding the outstanding balance. The Tribunal found the dispute was raised before the Demand Notice and noted discrepancies in the invoices and ongoing legal proceedings between the operational creditor and the corporate debtor. en-us Thu, 20 Aug 2020 00:00:00 +0530 Sat, 12 Sep 2020 14:17:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398319 The Tribunal dismissed the petition seeking initiation of Corporate Insolvency Resolution Process under Section 9 of the Insolvency and Bankruptcy Code, 2016, due to the genuine pre-existing dispute between the parties regarding the outstanding balance. The Tribunal found the dispute was raised before the Demand Notice and noted discrepancies in the invoices and ongoing legal proceedings between the operational creditor and the corporate debtor. Case-Laws Insolvency and Bankruptcy Thu, 20 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398319