https://www.taxtmi.com/caselaws?id=292509 The Adjudicating Authority dismissed the application under Section 9 of The Insolvency and Bankruptcy Code, 2016, filed by M/S. Sumilon Polyester Limited against a respondent company for non-payment of operational debt. The dismissal was due to pre-existing disputes regarding the quality of material supplied, as evidenced by emails, debit notes, and complaints acknowledged by the petitioner. The Authority found the application not maintainable, emphasizing the existence of disputes on material quality, allowing the petitioner to pursue other forums for enforcing the claim against the respondent. en-us Fri, 20 Mar 2020 00:00:00 +0530 Wed, 03 Mar 2021 12:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292509 The Adjudicating Authority dismissed the application under Section 9 of The Insolvency and Bankruptcy Code, 2016, filed by M/S. Sumilon Polyester Limited against a respondent company for non-payment of operational debt. The dismissal was due to pre-existing disputes regarding the quality of material supplied, as evidenced by emails, debit notes, and complaints acknowledged by the petitioner. The Authority found the application not maintainable, emphasizing the existence of disputes on material quality, allowing the petitioner to pursue other forums for enforcing the claim against the respondent. Case-Laws Insolvency and Bankruptcy Fri, 20 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292509