https://www.taxtmi.com/caselaws?id=407333 An application under the Insolvency and Bankruptcy Code was rejected because the record showed a real pre-existing dispute before the demand notice. Email exchanges and correspondence evidenced complaints about mismatch of goods, replacement issues, short supply, delayed supply, and quality deficiencies, showing the dispute was not an afterthought. Applying the settled test for Section 9, the adjudicating authority must refuse admission where a genuine and plausible dispute exists. On that basis, the petition was held not maintainable and dismissed. en-us Thu, 29 Apr 2021 00:00:00 +0530 Fri, 07 May 2021 08:05:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407333 An application under the Insolvency and Bankruptcy Code was rejected because the record showed a real pre-existing dispute before the demand notice. Email exchanges and correspondence evidenced complaints about mismatch of goods, replacement issues, short supply, delayed supply, and quality deficiencies, showing the dispute was not an afterthought. Applying the settled test for Section 9, the adjudicating authority must refuse admission where a genuine and plausible dispute exists. On that basis, the petition was held not maintainable and dismissed. Case-Laws Insolvency and Bankruptcy Thu, 29 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407333