https://www.taxtmi.com/caselaws?id=403982 The appeal arising from the dismissal of an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 was upheld by the Tribunal. The Tribunal found that the application was not maintainable due to the withdrawal of a similar application without liberty to file a fresh one. Despite the Appellant's claim of a fresh cause of action arising from subsequent notices, the Tribunal ruled that the new application did not present any new grounds warranting a different outcome. The Tribunal emphasized the existence of pre-existing disputes between the parties and rejected the application's admissibility based on the ledger account and past notices. The appeal was dismissed, granting the Appellant liberty to seek alternative remedies in other forums if permissible by law. en-us Thu, 11 Feb 2021 00:00:00 +0530 Fri, 12 Feb 2021 12:02:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403982 The appeal arising from the dismissal of an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 was upheld by the Tribunal. The Tribunal found that the application was not maintainable due to the withdrawal of a similar application without liberty to file a fresh one. Despite the Appellant's claim of a fresh cause of action arising from subsequent notices, the Tribunal ruled that the new application did not present any new grounds warranting a different outcome. The Tribunal emphasized the existence of pre-existing disputes between the parties and rejected the application's admissibility based on the ledger account and past notices. The appeal was dismissed, granting the Appellant liberty to seek alternative remedies in other forums if permissible by law. Case-Laws Insolvency and Bankruptcy Thu, 11 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403982