https://www.taxtmi.com/caselaws?id=295088 The Appellate Tribunal dismissed the appeal by 'Bhadreshwar Vidyut Pvt. Ltd.' against the rejection of their application under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Tribunal found that the dispute raised by the Corporate Debtor regarding the debt, separate from the electricity supply issue, negated the question of default. Emphasizing the importance of resolving debt-related disputes, the Tribunal upheld the Adjudicating Authority's decision, underscoring the necessity for clarity and agreement between parties in insolvency proceedings. en-us Wed, 01 Aug 2018 00:00:00 +0530 Wed, 19 May 2021 08:37:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295088 The Appellate Tribunal dismissed the appeal by 'Bhadreshwar Vidyut Pvt. Ltd.' against the rejection of their application under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Tribunal found that the dispute raised by the Corporate Debtor regarding the debt, separate from the electricity supply issue, negated the question of default. Emphasizing the importance of resolving debt-related disputes, the Tribunal upheld the Adjudicating Authority's decision, underscoring the necessity for clarity and agreement between parties in insolvency proceedings. Case-Laws Insolvency and Bankruptcy Wed, 01 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295088