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    <title>2020 (9) TMI 1075 - NATIONAL COMPANY LAW TRIBUNAL , CHANDIGARH BENCH</title>
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    <description>A Section 9 insolvency application must be filed within the limitation period under Article 137 of the Limitation Act, 1963, read with Section 238A of the Insolvency and Bankruptcy Code, 2016; claims based on supplies made long before filing were held time-barred, and a conditional cheque issued later did not extend limitation. The application also failed because the record showed a real pre-existing dispute, including denial of debt, quality and quantity objections, debit notes, and contemporaneous correspondence exchanged before the demand notice. A prior recovery decree did not remove the statutory requirement that no dispute subsist before a Section 9 petition can proceed.</description>
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      <description>A Section 9 insolvency application must be filed within the limitation period under Article 137 of the Limitation Act, 1963, read with Section 238A of the Insolvency and Bankruptcy Code, 2016; claims based on supplies made long before filing were held time-barred, and a conditional cheque issued later did not extend limitation. The application also failed because the record showed a real pre-existing dispute, including denial of debt, quality and quantity objections, debit notes, and contemporaneous correspondence exchanged before the demand notice. A prior recovery decree did not remove the statutory requirement that no dispute subsist before a Section 9 petition can proceed.</description>
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