https://www.taxtmi.com/caselaws?id=407996 For admission under the Insolvency and Bankruptcy Code, a dispute must pre-date the statutory demand notice; a later civil suit, complaint, or unsupported laboratory report does not establish a pre-existing dispute. On the facts discussed, the correspondence showed only a quality complaint that did not mature into a contemporaneous dispute over the transaction, so the Section 9 application remained maintainable. Procedural objections to the pronouncement of the order, including delay and bench composition issues under the NCLT Rules, were treated as irregularities only, because no prejudice was shown and the order was otherwise correct on merits. en-us Thu, 27 May 2021 00:00:00 +0530 Fri, 28 May 2021 08:39:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407996 For admission under the Insolvency and Bankruptcy Code, a dispute must pre-date the statutory demand notice; a later civil suit, complaint, or unsupported laboratory report does not establish a pre-existing dispute. On the facts discussed, the correspondence showed only a quality complaint that did not mature into a contemporaneous dispute over the transaction, so the Section 9 application remained maintainable. Procedural objections to the pronouncement of the order, including delay and bench composition issues under the NCLT Rules, were treated as irregularities only, because no prejudice was shown and the order was otherwise correct on merits. Case-Laws Insolvency and Bankruptcy Thu, 27 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407996