https://www.taxtmi.com/caselaws?id=411028 A section 9 insolvency petition was found maintainable because the materials did not show any genuine pre-existing dispute at the time of filing; the alleged defects were limited, had been attended to, and did not survive as a live dispute. Written acknowledgments through ledger sharing and account reconciliation also renewed limitation, and the admitted balance established operational debt and default. On that basis, the statutory requirements for admission were satisfied and the corporate insolvency resolution process was ordered to commence against the corporate debtor. en-us Tue, 10 Aug 2021 00:00:00 +0530 Mon, 16 Aug 2021 09:13:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411028 A section 9 insolvency petition was found maintainable because the materials did not show any genuine pre-existing dispute at the time of filing; the alleged defects were limited, had been attended to, and did not survive as a live dispute. Written acknowledgments through ledger sharing and account reconciliation also renewed limitation, and the admitted balance established operational debt and default. On that basis, the statutory requirements for admission were satisfied and the corporate insolvency resolution process was ordered to commence against the corporate debtor. Case-Laws Insolvency and Bankruptcy Tue, 10 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411028