https://www.taxtmi.com/caselaws?id=414832 The Tribunal concluded that there was no pre-existing dispute when the Demand Notice under Section 8 was issued. The Adjudicating Authority's rejection of the Application under Section 9 was overturned as it was based on an incorrect assumption of a dispute. The Tribunal directed the Adjudicating Authority to admit the Application and proceed with the Corporate Insolvency Resolution Process, emphasizing the need for clear and substantial evidence of a dispute to reject such applications. en-us Wed, 17 Nov 2021 00:00:00 +0530 Wed, 17 Nov 2021 15:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414832 The Tribunal concluded that there was no pre-existing dispute when the Demand Notice under Section 8 was issued. The Adjudicating Authority's rejection of the Application under Section 9 was overturned as it was based on an incorrect assumption of a dispute. The Tribunal directed the Adjudicating Authority to admit the Application and proceed with the Corporate Insolvency Resolution Process, emphasizing the need for clear and substantial evidence of a dispute to reject such applications. Case-Laws Insolvency and Bankruptcy Wed, 17 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414832