https://www.taxtmi.com/caselaws?id=291794 The National Company Law Tribunal, Cuttack Bench, dismissed the application to initiate Corporate Insolvency Resolution Process due to pre-existing quality disputes and the absence of an undisputed debt between the parties. The judgment highlighted the importance of genuine disputes and the necessity for an uncontested debt to proceed with insolvency proceedings. The Order did not bar the petitioner from pursuing alternative legal avenues to recover the outstanding dues. en-us Mon, 16 Dec 2019 00:00:00 +0530 Tue, 24 Nov 2020 20:21:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291794 The National Company Law Tribunal, Cuttack Bench, dismissed the application to initiate Corporate Insolvency Resolution Process due to pre-existing quality disputes and the absence of an undisputed debt between the parties. The judgment highlighted the importance of genuine disputes and the necessity for an uncontested debt to proceed with insolvency proceedings. The Order did not bar the petitioner from pursuing alternative legal avenues to recover the outstanding dues. Case-Laws Insolvency and Bankruptcy Mon, 16 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291794