https://www.taxtmi.com/caselaws?id=398829 A pre-existing dispute over the quality of goods supplied barred admission of the operational creditor's insolvency application under the Insolvency and Bankruptcy Code. Emails and correspondence showed complaints about defective and inferior-quality paper tubes from June 2017 onward, well before the demand notice, and the dispute was reiterated in the reply to the notice. Because the dispute was not a spurious or feeble defence, the Adjudicating Authority was required to reject the application. The text also notes that acceptance and use of goods does not necessarily waive claims for latent defects, and later settlement communications did not erase the earlier dispute. en-us Wed, 23 Sep 2020 00:00:00 +0530 Thu, 24 Sep 2020 15:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398829 A pre-existing dispute over the quality of goods supplied barred admission of the operational creditor's insolvency application under the Insolvency and Bankruptcy Code. Emails and correspondence showed complaints about defective and inferior-quality paper tubes from June 2017 onward, well before the demand notice, and the dispute was reiterated in the reply to the notice. Because the dispute was not a spurious or feeble defence, the Adjudicating Authority was required to reject the application. The text also notes that acceptance and use of goods does not necessarily waive claims for latent defects, and later settlement communications did not erase the earlier dispute. Case-Laws Insolvency and Bankruptcy Wed, 23 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398829