https://www.taxtmi.com/caselaws?id=415278 The National Company Law Tribunal (NCLT), New Delhi Bench-II, rejected the Appellant's Application under Section 9 of the Insolvency and Bankruptcy Code due to a pre-existing dispute between the parties. The Tribunal found substantial evidence of disputes, breaches, and delays existing before the issuance of the Demand Notice, leading to the termination of the contract by the Corporate Debtor. The rejection did not bar the Appellant from pursuing claims for payment under the contract terms. The Appeal was dismissed without costs. en-us Wed, 01 Dec 2021 00:00:00 +0530 Thu, 02 Dec 2021 08:51:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415278 The National Company Law Tribunal (NCLT), New Delhi Bench-II, rejected the Appellant's Application under Section 9 of the Insolvency and Bankruptcy Code due to a pre-existing dispute between the parties. The Tribunal found substantial evidence of disputes, breaches, and delays existing before the issuance of the Demand Notice, leading to the termination of the contract by the Corporate Debtor. The rejection did not bar the Appellant from pursuing claims for payment under the contract terms. The Appeal was dismissed without costs. Case-Laws Insolvency and Bankruptcy Wed, 01 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415278