https://www.taxtmi.com/caselaws?id=408843 The Tribunal allowed the application under Section 8 of the Arbitration and Conciliation Act, 1996, filed by the corporate debtor against the operational creditor. The Tribunal recognized the presence of an arbitration clause in the invoices and the contractual nature of the disputes, leading to the conclusion that the dispute was arbitrable. Consequently, the Tribunal deemed the insolvency application filed by the operational creditor under Section 9 of the Insolvency and Bankruptcy Code, 2016, as unnecessary and disposed of the matter in favor of arbitration. en-us Tue, 15 Jun 2021 00:00:00 +0530 Wed, 23 Jun 2021 10:12:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408843 The Tribunal allowed the application under Section 8 of the Arbitration and Conciliation Act, 1996, filed by the corporate debtor against the operational creditor. The Tribunal recognized the presence of an arbitration clause in the invoices and the contractual nature of the disputes, leading to the conclusion that the dispute was arbitrable. Consequently, the Tribunal deemed the insolvency application filed by the operational creditor under Section 9 of the Insolvency and Bankruptcy Code, 2016, as unnecessary and disposed of the matter in favor of arbitration. Case-Laws Insolvency and Bankruptcy Tue, 15 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408843