https://www.taxtmi.com/caselaws?id=292067 An operational creditor's Section 9 IBC application based on unpaid service invoices was rejected because the corporate debtor had raised a genuine pre-existing dispute before the demand notice. Emails and prior correspondence showed objections about manpower shortage, bill deficiencies, labour-law compliance, and the correctness of the amounts claimed, and the operational creditor's own admissions confirmed related labour complaints. Applying the settled rule that a dispute must predate receipt of the demand notice, the NCLT held the application not maintainable. en-us Tue, 03 Mar 2020 00:00:00 +0530 Sat, 05 Dec 2020 12:13:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292067 An operational creditor's Section 9 IBC application based on unpaid service invoices was rejected because the corporate debtor had raised a genuine pre-existing dispute before the demand notice. Emails and prior correspondence showed objections about manpower shortage, bill deficiencies, labour-law compliance, and the correctness of the amounts claimed, and the operational creditor's own admissions confirmed related labour complaints. Applying the settled rule that a dispute must predate receipt of the demand notice, the NCLT held the application not maintainable. Case-Laws Insolvency and Bankruptcy Tue, 03 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292067