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    <description>The Tribunal rejected the application under Section 9 of the Insolvency and Bankruptcy Code, 2016, due to the existence of a pre-existing dispute between the parties regarding the operational debt. The Tribunal emphasized that the debt was not free from dispute and cited legal precedents to support its decision. The order clarified that the rejection of the application should not prejudice the applicant&#039;s rights before any other forum.</description>
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      <description>The Tribunal rejected the application under Section 9 of the Insolvency and Bankruptcy Code, 2016, due to the existence of a pre-existing dispute between the parties regarding the operational debt. The Tribunal emphasized that the debt was not free from dispute and cited legal precedents to support its decision. The order clarified that the rejection of the application should not prejudice the applicant&#039;s rights before any other forum.</description>
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