https://www.taxtmi.com/caselaws?id=399468 The Tribunal dismissed the application for initiating Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor, citing the existence of a valid pre-existing dispute between the parties regarding software implementation issues. The Tribunal found that the Corporate Debtor's contentions were not spurious, leading to the conclusion that the dispute required further investigation in the Civil Court, making the application for CIRP not maintainable. en-us Tue, 05 May 2020 00:00:00 +0530 Mon, 12 Oct 2020 11:20:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399468 The Tribunal dismissed the application for initiating Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor, citing the existence of a valid pre-existing dispute between the parties regarding software implementation issues. The Tribunal found that the Corporate Debtor's contentions were not spurious, leading to the conclusion that the dispute required further investigation in the Civil Court, making the application for CIRP not maintainable. Case-Laws Insolvency and Bankruptcy Tue, 05 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399468