https://www.taxtmi.com/caselaws?id=399413 The Tribunal concluded that there was a pre-existing dispute between the parties regarding the refundability of the advance, disqualifying the application under Section 9 of the IBC. As the Corporate Debtor had raised the dispute before the delivery of the demand notice, the application was deemed not maintainable. The Tribunal dismissed the application, emphasizing its limited role in verifying the existence of a dispute and not adjudicating on the contractual terms' merits. en-us Wed, 18 Mar 2020 00:00:00 +0530 Sat, 10 Oct 2020 11:50:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399413 The Tribunal concluded that there was a pre-existing dispute between the parties regarding the refundability of the advance, disqualifying the application under Section 9 of the IBC. As the Corporate Debtor had raised the dispute before the delivery of the demand notice, the application was deemed not maintainable. The Tribunal dismissed the application, emphasizing its limited role in verifying the existence of a dispute and not adjudicating on the contractual terms' merits. Case-Laws Insolvency and Bankruptcy Wed, 18 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399413